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Shenzhen port was suspended due to the epidemic, and it was still severely congested after a month
2021/07/21
The epidemic has not been completely eliminated, and various industries are still facing the threat of sudden suspension of work. Now that international trade demand is booming, the shipping industry, which is hard to find, is even more afraid of suspension. Last month, Shenzhen Yantian port workers were diagnosed and the port was forced to close for three weeks. After restarting for a month, there is still a large backlog of home appliances, commodities and toys waiting for export. Now manufacturers hope to find other ports in China to ship them, and predict that consumers will obviously feel the effect of price increases in a few months.

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Shenzhen Yantian closes port, global freight is half paralyzed
2021/06/21
The new crown epidemic broke out in southern mainland China. Guangdong Province ordered the city to be closed, flights cancelled, and coastal trade suspended. Although the epidemic has been slightly controlled and some operations have been restarted, damage has already occurred. For example, Yantian, an important container port in Shenzhen, was closed at the end of May for nearly a week. Not only does it cause cargo congestion in Shekou, Chiwan, Nansha and other ports, the ripple effect has also spread to global freight, and shipping prices have soared, and consumers have to pay higher shopping costs for this. Experts predict that the consequences may be more serious than the Suez Canal obstruction by the "Long Give" in March.

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Clogged Long Give, Container Shortage, and Top Freight Rates Revealing the Global Maritime Crisis
2021/03/30
Evergreen's giant cargo ship "Ever Given" ran aground and blocked the Suez Canal last Tuesday (23rd) and finally managed to escape. The lack of containers and ships has already plunged maritime transportation into a crisis. It is estimated that it will take several days for the Suez Canal to resume normal navigation. In fact, since the epidemic, the international shipping market has been extremely stressed. Exporters from all over the world are facing problems such as shortage of containers and soaring freight rates.

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News

Shenzhen port was suspended due to the epidemic, and it was still severely congested after a month

Shenzhen Yantian closes port, global freight is half paralyzed

Clogged Long Give, Container Shortage, and Top Freight Rates Revealing the Global Maritime Crisis