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Hong Kong International Terminals Labor Strike
The Hong Kong strike continues and has entered into its 5th week, but there are some new developments to report.
Port authority and Chinese billionaire, Li Ka-shing, is now hiring staff in place of some of the protesting workers to handle the backlog of containers/ships at the port facility. Hong Kong International Terminals won an injunction in the High Court forcing the workers to protest outside the terminals. The impact of this effort has brought about additional protests from the dock workers.
This Hong Kong strike continues to delay shipments and is causing shipping lines to divert from the Hong Kong port into neighboring ports, such as Shenzhen's port facility, in order to maintain schedules.
The impact of this strike on the industry is not only on worker's pay and unionization at the port of Hong Kong, but to the ship and vessel operations, feeder operations and vessel share agreements (VSA) between carriers.
We are closely monitoring the situation and will be updating any clients whose shipments are directly affected. If you have any questions, please contact your move manager, who can provide you with the latest available information.
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