Hong Kong's April Cargo Drop Suggests Problems Beyond Strike

Hong Kong's April Cargo Drop Suggests Problems Beyond Strike

The drop in Hong Kong’s container throughput last month indicates a structural problem exacerbated by a strike at one of the terminals last month, according to one port operator, South China Morning Post reports.

Peter Wong, the managing director of DP World Asia Pacific, which operates Terminal 3 in Hong Kong, said the port’s infrastructure lags that of its mainland China rivals.

The 40-day strike at the world's fourth-busiest port caused a backlog of containers at the dock that needed seven days to clear.

Hong Kong's container throughput fell 12.2 percent in April to 1.73 million 20-foot-equivalent units.

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