Annual Report 2019

Management Discussion and Analysis 18 CHINA MERCHANTS PORT HOLDINGS COMPANY LIMITED during the year. Shantou China Merchants Port Group Co., Ltd. handled a container throughput of 1.34 million TEUs, up by 3.5% year-on-year, and a bulk cargo volume of 7.09 million tonnes, down by 23.2% year-on-year, dragged down by the decrease in cargo volume of coal and river sand, the major cargo types, under the regulation of the environmental policies in the hinterland. South-West region of Mainland China Zhanjiang Port (Group) Co., Ltd. (“ Zhanjiang Port ”) handled a container throughput of 1.11 million TEUs, up by 12.6% year-on-year, mainly attributable to the continuous expansion of new shipping routes and container trains of sea-rail intermodal transport. It also handled a bulk cargo volume of 91.17 million tonnes, down by 0.8% year-on-year. Taiwan Kao Ming Container Terminal Corp. in Kaohsiung handled a total container throughput of 1.64 million TEUs, representing a decrease of 6.3% year-on-year. Overseas operation In 2019, a total container throughput handled by the Group’s overseas projects increased by 0.9% year-on-year to 20.84 million TEUs. In Sri Lanka, CICT handled a container throughput of 2.88 million TEUs, up by 7.4% year-on-year; and the wheeled and bulk cargo business in Hambantota International Port Group (Private) Limited (“ Hambantota Port ”) progressed well with a RORO volume of 0.41 million vehicles, grew by 75.6% year-on-year, and a bulk cargo volume of 0.50 million tonnes, indicating a significant increase as compared to 0.18 million tonnes in 2018. Container throughput handled by LCT in Togo increased by 7.7% year-on-year to 1.13 million TEUs. Thanks to the active exploration of cargo in its hinterland after the acquisition was completed in February 2018, TCP in Brazil handled a container throughput of 0.92 million TEUs during the year, up by 32.0% year-on-year. Container throughput handled by Tin-Can Island Container Terminal Ltd. in Nigeria was 0.47 million TEUs, representing a decrease of 2.5% year-on- year. Port de Djibouti S.A. in Djibouti handled a container