Container volumes drop 15% at Hutchison Port Holdings Trust’s ports

Hutchison Port Holdings (HPH) Trust has endured a tough first half of the year, with container throughput declining 15% at its ports, as outbound cargoes to the US and Europe fell sharply.

Its mega Yantian terminal in Shenzhen and its facility in Huizhou handled a combined total of 6.2m teu, representing a drop of 12%, although this negative trend is showing signs of easing.

Exports to the EU from Yantian were down by 6% in June, while an increase in the number of empty containers coupled with a decrease in laden containers in its yard in recent months may indicate the market is preparing for a pick-up in exports in H2 2023.