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Either way, Mr and Ms Consumer lose
Hutchison Ports says Yantian International Container Terminal (YICT) in southern China lowered the cut-off time for receiving outbound containers since Wednesday, claiming delayed ship arrivals have caused containers to pile up in its yard.
YICT is one of three sub-ports that make up Shenzhen port, the others being Nanshan and Dachan Bay.
Shenzhen is China’s third-busiest container port, after Shanghai and Ningbo-Zhoushan, and the fourth-busiest in the world. In 2020, Shenzhen handled 26.55m teu, up 3% from 2019, and YICT is estimated ...
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