Cosco Pacific container terminal throughput down 6.7pc in July

CONTAINER terminal operator Cosco Pacific has revealed that throughput at its terminals fell 6.7 per cent year on year in July to 3.78 million TEU, but the year-on-year loss narrowed from the 8.2 per cent to 23.9 million TEU suffered from January to August.
Cosco`s Shanghai terminal volume fell 13.4 per cent to 441,00 TEU in July and dropped 19.5 per cent at its Hong Kong terminal to 130,000 TEU while the Yantian terminal on the Pearl River fell 16.7 per cent to 710,000 TEU.
Terminals on the Bohai Sea performed comparatively well, said the company. Qingdao throughput rose 2.8 per cent to 848,600 TEU, Tianjin was up 11 per cent to 183,700 TEU, but Dalian remained flat year on year at 394,400 TEU.