Ningbo Zhoushan Port raises charges by 10%, other ports likely to follow suit

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China's Ningbo Zhoushan Port, the world’s largest port by cargo throughput, announced this week that it will raise the charges for loading and unloading 20-foot and 40-foot containers by about 10%, starting from January 2022.

The move triggered a strong rally in port operators’ shares. An index tracking mainland-listed port operators jumped 6.4% on Friday, making it the best-performing sector in the China’s A-share market on . . .

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