Sponsored by: Investment Center

Something new in your business?  Click here to submit your business press release

Chamber Corner | Main Street News | Job Hunt | Classifieds | Calendar | Illinois Lottery 

HK dockworker strike set to enter 2nd week

[April 03, 2013]  HONG KONG (AP) -- A strike by Hong Kong dockworkers that is slowing cargo shipments at the world's third busiest port looks set to drag into a second week.

Several hundred dockworkers and supporters camped out on the road in front of a container terminal on Wednesday, the seventh day of their strike. The workers are demanding more than the 5 percent pay rise offered by subcontractors supplying labor to port operators.

Hutchison International Terminals operates the terminal where the workers are striking. Officials have said the action is costing the company 5 million Hong Kong dollars ($644,000) a day. Hutchison is controlled by Hong Kong's richest man, Li Ka-shing.

Hong Kong is the world's third busiest container port, according to World Shipping Council data. Shanghai is first, followed by Shenzhen.

[Associated Press]

Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.