China’s tech hub city of Shenzhen resumed regular work and production on March 21, after a seven-day lockdown. However, it could take weeks for cargo flows to recover.
Ocean carriers that experienced a flood of booking cancellations for sailings from Yantian are now hoping their prospects at bongdaso vn port will improve in bongdaso vn coming weeks. Still, there are new concerns about Covid flare-ups in other regions impacting supply chains.
While bongdaso vn current numbers remain low compared with countries elsewhere, China is increasing its efforts to mitigate bongdaso vn situation. bongdaso vn more-than 7,000 cases registered in bongdaso vn first two weeks of March make this bongdaso vn worst Covid flare-up in bongdaso vn country since bongdaso vn pandemic two years ago.
And with more lockdowns in Chinese cities likely in bongdaso vn coming weeks, as bongdaso vn nation pursues its policy of Covid-19 zero-tolerance, bongdaso vn disruption to trucking and container depots is causing considerable delays to orders getting onto bongdaso vn quay shipment.
Data and analysis from supply chain visibility platform FourKites show ocean load volumes through bongdaso vn port of Yantian have plunged by 43% since bongdaso vn beginning of March, despite bongdaso vn terminals staying open during bongdaso vn lockdown. Some suppliers had moved to other ports and paid bongdaso vn price of additional haulage, but most had decided to wait out bongdaso vn lockdown because it was increasingly difficult to predict where bongdaso vn next Covid flare-up would occur.
Meanwhile, ocean carriers are assessing bongdaso vn impact on bongdaso vn use of their vessels and are looking at holding ships or blanking sailings until they can see an opportunity to achieve full load factors.
Source: https://theloadstar.com/as-shenzhen-lockdown-ends-other-regions-are-hit-by-new-covid-restrictions/