The official inauguration of the Taipei Port has compromised Kaohsiung port’s cargo-handling volume, Taiwan Economic News reported.
Kaohsiung Port handled 551,000 TEUs of containers in February, down 10.99 percent from the previous month for a new low since 2002.
Kaohsiung Port Bureau attributed the double-digit decline in TEUs handled partly to the impact of the global financial tsunami and partly to the official inauguration of the Taipei Port.
The three BOT (build-operate-transfer) shipping firms in the Taipei Port, including Evergreen Marine, Yangming Marine Transport and Wan Hai Lines, aim to switch operation from Kaohsiung Port to Taipei Port.
Kaohsiung Port handled 551,000 TEUs of containers in February, down 10.99 percent from the previous month for a new low since 2002.
Kaohsiung Port Bureau attributed the double-digit decline in TEUs handled partly to the impact of the global financial tsunami and partly to the official inauguration of the Taipei Port.
The three BOT (build-operate-transfer) shipping firms in the Taipei Port, including Evergreen Marine, Yangming Marine Transport and Wan Hai Lines, aim to switch operation from Kaohsiung Port to Taipei Port.