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SHANGHAI PORT DELAYS
Global Market: China’s July exports top forecasts as AI boom and pre-tariff rush fuel trade growthChina's July exports rose 23.9%, beating forecasts as strong global AI-related demand and pre-tariff shipments boosted trade. High-tech and...
Shanghai port strives to keep global trade moving despite CovidWhile there are delays of ship repairs at Zhoushan port and loading activities in Shanghai have slowed due to lower staffing, for the most ...
Singapore's $14 billion mega-port takes aim at shipping chaosThe just-in-time system for shipping has broken down as exporters in Asia face obstacles getting goods transported to customers in the US a...
Asia’s shortage of empty containers may worsen on Rotterdam jamHigh congestion levels at Rotterdam prompted shipping line AP Moller-Maersk A/S to inform customers last week it would be relocating unclai...
Shanghai lockdown easing doesn’t mean end to shipping snarlsThe world’s supply chains have taken a battering this year from China’s Zero Covid policy, which has hampered the production and delivery o...
China's widening COVID curbs threaten global supply chain paralysisChina's zero-tolerance approach to COVID-19, despite low case numbers and even as the rest of the world tries to live with the coronavirus,...
Shanghai lockdown snarls world's busiest port and China supply chainsShortages are starting to bite across China's vast consumer economy, where online shopping platforms such as Taobao face delivery delays, e...
Containers stack up at China’s ports as lockdown blocks trucksShanghai is now the epicenter of China’s worst Covid outbreak in two years, with almost 20,000 new cases reported just on Wednesday.
Shanghai lockdown may choke pharma suppliesPeople in the pharma industry say the lockdown of Shanghai which has been announced this week has prompted further fears of disruption in t...
Container freight rates set to rise on more China lockdownsThe rapid spread of the omicron variant in China is increasing the pressure on already strained supply chains reeling from Russia’s invasio...
Fewer China flights may worsen chip shortage with port snarledThis year, shipping lines diverting container vessels from Ningbo to Shanghai to avoid a trucking snarl in east China are also contributing...
Shipping congestion is growing at world’s biggest portIn the country’s technology hub of Shenzhen in the south, testing of residents and truckers to contain an outbreak means a queue of ships h...
Container rates to US from Asia fall to lowest since JulyThe Federal Reserve’s Beige Book report noted that “high freight volumes continued to strain distribution systems,” and “contacts expected ...
Consumer companies make plan B for likely supply disruptionCompanies are getting in touch with Indian suppliers, tweaking logistics contracts and planning to airlift more components to retain supply...
One stuck box of fertilizer shows the global supply chain crisisWhile the fertilizer has been stranded there since May, the port is just one stop on the long journey from central China to the U.S. Midwes...
China customs delays clearing US goods as duties loom: SourcesThe port of Shanghai put on hold clearing some U.S. imports through customs, said an official at a company in the coastal city, which handl...
New India Assurance gets Rs 1,430 crore relief from IrdaThe company had bought marine cargo transit cover from New India Assurance, under Open Marine Cargo for Rs 1,430 cr for the period June 201...