Free Republic

Massive port backlogs continued to build for the seventh day in China at the world’s third-busiest container port. Vessels are being diverted away from Ningbo Meishan Container Terminal due to suspended operations following the COVID-19 Delta variant outbreak. This is having a profound impact on nearby ports in Shanghai and Hong Kong, according to Bloomberg. Port congestion in nearby Shanghai and Hong Kong is increasing once again due to the closure of the Meishan terminal at Ningbo port, a major port and industrial hub in east China’s Zhejiang province, which lies south of Shanghai. Last week, a dock worker at...

China coronavirus infection closes shipping terminal at massive Ningbo-Zhoushan Port as container rates soarOperations suspended indefinitely at critical terminal servicing North America and Europe, but rest of Ningbo shipping port remains operational ‘Significant problems’ for container movement in critical shipping region may be seen ahead of peak holiday season, analyst warnsThe world’s largest shipping port by cargo tonnage has shut down one of its key terminals following a confirmed case of Covid-19, putting further strain on the global shipping industry and disrupting supply chains. The news came as container shipping rates from China and Southeast Asia to the east coast...