Hong Kong box volume slowdown continues with 8.3pc fall in July

THE Port of Hong Kong suffered another container volume decline of 8.3 per cent to 10,578 TEU in July after an 8.2 per cent slip in June and nine per cent drop year on year after unbroken slippages back to January 2018. Kwai Tsing Terminal suffered an 8.7 per cent decline to 8,262 TEU in July year on year while the smaller river trade fell 6.8 per cent to 2,316 TEU.

WORLD SHIPPING