MPL cleared 1,894 TEU’s last week

Maldives Ports Limited (MPL)'s commercial harbor in Male' City seen from above | Photo: MPL

Male’, Maldives – Maldives Ports Limited (MPL) has announced that they had cleared a total of 1,488 containers contributing to a total of 1,894 Total Equivalent Units (TEU’s) between October 17 and October 22.

In a post tweeted by MPL, it stated that the port had handled a total of five container ships and 6 cargo vessels with general and perishable cargo. The statistics show that the port had handled a total of 12,241 packages of general and perishable goods within the week.

In addition to this, the port had also handled 916 TEU’s of container shifting during the week.

According to Maldives Monetary Authority, Maldives imports have decreased by 32 percent from this years January till September compared to 2019 due to the OCvid-19 pandemic. The country’s exports have also declined by 21 percent during this period compared to last year.

From the statistics released by the Fiance Ministry, it shows that the state earned only MVR 1 billion in import income until October 22 while an income of MVR 2.7 billion was recorded in the same period last year. Due to the OCvid-19 pendamic, the national borders had been closed and the Maldivian economy has shrunk by 51.6 percent over the year.