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HK box volume off 1.4pc in Oct, Singapore surges 17pc and Shanghai up 5.6pc

HONG Kong's container volume dipped 1.4 per cent in October to 1.66 million TEU compared to 1.68 million TEU in the same month last year, according to statistics from the Hong Kong Maritime and Port Board.

Most of Hong Kong's volume is from the container terminals at Kwai Tsing that handled 1.31 million boxes in October, down 0.9 per cent over the same month last year. Boxes handled by the other terminals in Hong Kong dipped 3.1 per cent to 350,000 TEU compared to 361,000 TEU in October 2016.



Export container units in October were down 2.4 per cent to 689,000 TEU from 706,000 TEU in the same month in 2016. Imports totalled 620,000 TEU, 0.8 per cent higher than in October last year.



It was a bumper month for the port Singapore - handling 2.96 million container units in October, a surge of 17 per cent over the same month in 2016. The world's busiest port Shanghai handled 3.3 million TEU, a year-on-year increase of 5.6 per cent.
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