Cargo traffic at the Port of Hong Kong fell by 6 percent to 69.1 million tons in the second quarter of 2012 year-over-year, according to the official Xinhua news agency, citing the city’s Census and Statistics Department.

The department said that, for the period, Hong Kong’s inward cargo dropped by 4 percent to 40.9 million tons, while its outward cargo sank 9 percent to 28.2 million tons.

The port handled 5.9 million 20-foot equivalent units (TEUs) of containers in the second quarter of this year to register a 7 percent drop compared to the same period a year ago.

Of this, the volume of laden containers fell by 8 percent to 5 million TEUs, while empty containers also shrank in volume by 2 percent to 0.9 million TEUs.

Ocean vessel arrivals likewise declined by 4 percent to 7,800 for the second quarter of 2012 compared to the same period the previous year, as total capacity slipped by 2 percent to 102.5 million net registered tons.

 

Photo: artist in doing nothing

You May Also Like

Developing Asia’s GDP growth pace moderating, says ADB

Growth forecasts for developing Asia have been revised down to 5.8% in 2015 and 6% from its forecast earlier this year of 6.3% for…

Cebu handles 4.8% more boxes from Jan-Sept

THE Cebu Port Authority (CPA) registered a 4.8% increase in container traffic to 353,740 TEUs from 337,549 TEUs in the first three quarters of…

PAL strengthens Davao hub with new local flights

Philippine Airlines (PAL) has opened three new routes from Davao—a boost to the flag carrier’s domestic route expansion program, this time from Mindanao. On…

PPA unveils plans for National Maritime Week

The Philippine Ports Authority (PPA) has prepared a full line-up of worthwhile and productive activities as it gears up to lead the country’s celebration…