Hutchison Port Holdings Trust lowers container throughput growth forecast
Yantian terminals’ volume surged 10.9% in the final quarter of last year primarily driven by frontloading of cargoes in anticipation of a 25% tariff implementation the US originally planned to impose on Chinese imports
HPHT chief executive Gerry Yim has warned of ‘a slowdown’ at Yantian terminals this year, though qualifying that there has been no sign of ‘a massive drop’