China’s ports smarten up

The unions emphasize their willingness to suspend the strikes if the Government demonstrates an understanding of employees’ concerns.

Last year, all the Chinese ports handled 16.97 Bt, having exceeded their 2022 volume by nearly 8%. Shanghai throughputs surged, Hong Kong saw a downfall.

“We are ready to suspend the strikes at any time if the Government shows some appreciation for the concerns of employees,” Jarkko Eloranta says.

“The management of the Red Sea crisis has alleviated concerns of sudden container price rises, providing a more predictable environment”

Valenciaport handled 784,095 containers in the first two months of the year, a growth of +9.97% compared to January-February 2023.

Xeneta data reveals that average spot market rates from China to Mexico have consistently surpassed long-term contract rates since April 2023.