The unstoppable decline in container traffic in the ports of Singapore and Hong Kong

   Last month have handled 2.5 million TEUs respectively (-10.5%) and 1.6 million TEUs (-9.6%)

Appears unstoppable the decline of the container traffic handled by ports in Singapore and Hong Kong, two primary port calls that pratically since the beginning of the phenomenon of containerisation of trade by sea are among the market leaders in Asia and the world.

Also in January 2016, for the eleventh consecutive month, the port of Singapore has recorded a contraction in container volumes having handled almost 2.5 million TEUs, a decrease of -10.5% (the seventh consecutive double-digit decline percentages) compared to 2.8 million TEUs in January 2015. last month in Singapore is not just the result of declining container traffic, which in terms of weight amounted to 26.9 million tons (-7.5 %): accused in fact a significant downturn even the volumes of conventional cargo (2.2 million tons, down 13.3%), petroleum (14.1 million tons, down 14.4%) and non-bulk oil (1.4 million tons, down 17.5%).

Slightly less marked was the decrease in traffic of containers handled last month from the port of Hong Kong, which has totaled a traffic of over 1.6 million TEUs, a decrease of -9.6% in January 2015 which is the nineteenth monthly decline marked by the Chinese port of call.