Booming exports have ensured record throughput at China’s ports despite rising cargo handling charges, the South China Morning Post reported. The Shanghai International Port Group raised charges at its Waigaoqiao facility this month by 10%, the second consecutive year it has raised rates. Despite the increases, cargo volumes grew 24% last year to 18.08 million teu (20-foot equivalent units), solidifying its position as the world’s No 3 container port. Shenzhen Port, the mainland’s No 2 facility, handled 16.19 million teu last year, up 18.6%. Operators at Qingdao Qianwan complex in North China’s Bohai Rim will also raise handling fees this month, by 9%.
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