The partial closeure of the world’s third-busiest container port is worsening congestion at other major Chinese ports, as ships divert away from Ningbo amid uncertainty over how long virus control measures in the city will last.
In nearby Shanghai and in Hong Kong, congestion is once again increasing after dropping due to the reopening of Yantian port in Shenzhen, which shut in May for a seperate outbreak. The number of container ships anchored off Xiamen on China’s southeast coast rose to 24 from 6 at the start of the month.
Source: Bloomberg
You must be logged in to post a comment.