Chinese box port volumes collapse

Sandra Tsui - Friday 6 March 2009

MAJOR Chinese ports, including Shenzhen and Shanghai, saw box volumes continue to deteriorate in February as the country sees no sign of export recovery.

Shanghai recorded a double-digit volume shrinkage in February. The world’s second busiest container port handled 1.5m teu last month and 1.9m teu in January, representing year-on-year decli...