Shenzhen Overtakes Hong Kong as Third Busiest Container PortRachel Butt
China’s Shenzhen surpassed Hong Kong to become the world’s third-busiest container port for the first time last year, as a strike diverted ships away from the former British colony.
Terminals in Shenzhen, in Guangdong province, handled 23.3 million twenty-foot equivalent containers last year, outpacing Hong Kong’s 22.3 million in the same period, data from the Transport Commission of Shenzhen Municipality and Hong Kong Port Development Council show.
Port workers at billionaire Li Ka-shing’s Hongkong International Terminals Ltd. went on a 40-day strike in late March last year, demanding higher wages. Evergreen Marine Corp. Taiwan Ltd. and Japan’s Mitsui OSK Lines Ltd. were among shipping lines that diverted vessels to other ports.
Shanghai and Singapore remain the world’s two biggest container ports.