Shenzhen container traffic lifts on HK's high prices

In August, Shenzhen port handled just over 1.3 million TEUs (20-foot equivalent units), a 30% year on year increase, the rise credited once again to exporters looking for a cheaper alternative to Hong Kong. In 2004's first eight months, Shenzhen handled 8.52 million TEUs. Container terminals reported huge increases in August, including Chiwan China Merchants-linked Container Terminals (CCT), which has handled 1.65 million TEUs in the year to date, a 64% increase compared to the same period last year.