Hactl sees slight year-end improvement

Hong Kong Air Cargo Terminals Limited (Hactl) ended 2011 with a slight improvement in throughput, narrowing the gap between its performance for the year compared to the record results of 2010.


Hactl sees slight year-end improvement


Hong Kong Air Cargo Terminals Limited (Hactl) ended 2011 with a slight improvement in throughput, narrowing the gap between its performance for the year compared to the record results of 2010.

“After a year when traffic was as much as 12 per cent behind, to finish just 6.2 per cent down on the record throughput of 2010 is a very satisfactory result. The last quarter showed improvement, and gives us some hope that 2012 may start more strongly than we expected,” said Lilian Chan, executive director of Hactl. The last three months of 2011 saw total tonnage improve steadily, closing at 4.3 per cent below 2010 by December, although Hactl noted this was at least better than May – the worst month of 2011 – when tonnage reached a trough of 12 per cent below 2010.

The fourth quarter of 2011 – as usual, the strongest of the year – saw Hactl handling a total of 710,021 tonnes of cargo, down 7.3 per cent on 2010. Total exports in the fourth quarter were down 9.3 per cent and imports were down 11.9 per cent, while transhipments once again showed growth at 3.8 per cent over 2010. For 2011 as a whole, Hactl handled a total of 2.72 million tonnes (down 6.2 per cent year-on-year). This comprised 1.45 million tonnes of exports (down nine per cent), 676,695 tonnes of imports (down 8.8 per cent) and 597,168 tonnes of transhipments (up 5.1 per cent). Transhipments showed growth in nine months of 2011.