Following the COVID-19 pandemic and the negative impacts that has brought within the shipping industry, Port of Hong Kong reported a strong drop in its cargo handling volume by 5.8% year-on-year, from January until March 2020.
At the same time, Hong Kong informed that the Kwai Tsing container terminal traffic declined by 5.4% at the first three months of 2020, as it handled 3.28 million TEUs.
The other eight terminals of the region, handled 886.000 TEUs, meaning a 7.1% drop in their container volume due to COVID-19 situation.
Being a major container port in China, Port of Hong Kong was one of the most affected terminals by the coronavirus.
During November and December 2019, when COVID-19 started spreading in China, Hong Kong’s volume marked a decline by 7.8% and 8.9% in the last two months of the year.
Overall, following the COVID-19 situation, Chinese ports have managed to recover and restore their operations very closely to the levels before the pandemic. With China’s ports being fully operational, global supply chain will further get a boost, as experts estimated.
