Hong Kong port cargo throughput down 9% in Q2

Total port cargo throughput was 61.7 million tonnes in the second quarter, down 9% on the same period last year. Inward port cargo fell 6% to 35.7 million tonnes and outward port cargo fell by 13% to 26 million tonnes. The Census & Statistics Department yesterday said for the first half of this year total port cargo throughput, compared to the same period last year, fell 13% to 113.9 million tonnes. Inward port cargo dropped 11% to 66.1 million tonnes while outward port cargo fell 15% to 47.8 million tonnes.
On a seasonally adjusted quarter-to-quarter comparison, total port cargo throughput grew 11% in the second quarter. Inward and outward port cargo rose 12% and 10%. The seasonally adjusted series enables a more meaningful shorter-term comparison to be made for discerning possible variations in trends.
Seaborne cargo fell 12% over a year earlier to 41.3 million tonnes while river cargo dropped 3% to 20.4 million tonnes.
Hong Kong handled 5.2 million TEUs of containers in the second quarter, down 17% on the same period last year.
In the second quarter ocean vessel arrivals fell 6% to 8,320, with total capacity remaining at 95 million net registered tonnes. The number of river vessel arrivals dropped 5% to 43,130, with total capacity growing 1% to 24.7 million net registered tons.