China’s two biggest ports face second half slowdown
by
Colum Murphy, Hong Kong
—
last modified
Aug 05, 2010 09:43 AM
CHINA’S two biggest ports face a slowdown in container traffic in the second half of the year, analysts warn.
Shanghai and Shenzhen ports, the world’s second and fourth busiest respectively, saw a fall-off in throughput in June – which Moody’s rating agency called “a blip in performance”.
In June, Shanghai handled 2.4m teu, down 6.5% from 2.6m in May....
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