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            january 28, 2020

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IRFC 2020

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Taiwanese ports recorded 5.4pc box growth


Taiwanese ports have recorded 5.4 per cent growth in container volume of 13.4 million TEU in 2011, hitting a four-year high to beat off growth rate of three per cent in Hong Kong and Singapore's 5.3 per cent.
Across its five free-trade harbour zones Taiwan posed an increase of 21.4 per cent to 4.076 million tonnes and a trading high of seven per cent to NT$302.6 billion (US$10.23 billion).
Of its seven commercial ports, Kaohsiung Harbour increased throughput by five per cent to 9.64 million TEU with other FTZs of Taichung Harbour up two per cent to 1.38 million TEU and Taipei Harbour up 50.3 per cent to 650,000 TEU, benefited from transfer of Keelung Harbour volume which decreased volume by 0.8 per cent to 1.75 million TEU.
Trade increases were attributed to high growth of machinery and base metals in particular for Keelung Harbour which increased volume and trade by two and 1.7 times. Oil and auto logistics were up by trade volume by 1.5 times and value by 75.1 per cent at Taipei Harbour. Tiachung Harbour recorded the biggest increases of trade volume and trade at 8.9 per cent, attributed to transshipment operations and the oil product trade.
It is expected that following harbour organisation from March 1, trade volume will increase in the FTZs, said the Ministry of Transport and Communications, reported China Economic News Service.
Taiwan's largest airport, Taoyuan, experienced a 3.7 per cent decline in trade volume and suffered a 23.6 per cent drop in trade value because of weak demand for electronic products and PC components such as the DRAM and flash.

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