Wednesday, 27 January 2010

APL volumes up 40% at the end of last year

Over the final month and a half of last year, APL saw its volumes increase by over 40% year-on-year, although its revenues per container remained down on 2009.

In total the Singapore-based carrier handled 625,000teu between 14 November and 25 December, compared to 436,000teu a year earlier.

Its volumes over that time were also up on the previous four-week period, when it handled 416,000teu.

Meanwhile, APL’s average revenues per 40ft container declined by 25% year-on-year to US$2,189.
Revenues per container were also down on the previous four weeks when it made $2,239 per 40ft box.

The carrier put the lower average revenue per container down to lower core freight rates, lower bunker recovery and changes in trade mix.

For the full year, APL handled 4.4m teu, which was down 7% on 2009 and average revenues per 40ft container reached $2,286, 25% down on the previous year.

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