China on Wednesday shut down a key terminal at its Ningbo-Zhoushan port, the third busiest port in the world, after one worker was found to be infected by Covid.
The suspension of services at the Meishan terminal comes as container shipping rates continue to soar this year. Container shipping rates from China and East Asia to the west coast of North America have surged over 270% this year to over $15,800 per TEU, according to the Freightos Baltic global container freight index. Meanwhile, rates to the east coast have soared over 220% to hit over $17,500 per TEU, according to the index.
Tiura pointed out that the earlier June Covid outbreak led to Shenzhen's key Yantian terminal slashing 70% of exports as a result. It tripled the wait time for processing shipments from 3 days to 8 or 9 days. "Container shortages were already straining global supply chains. Given that Ningbo-Zhoushan is the third-largest container port in the world, this shutdown makes an already bad situation much worse," Tiura said.
Mario Ciabarra, CEO of data analytics firm Quantum Metric, said retailers will face much uncertainty heading into the holiday season, and inventory challenges will be one of them.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
China media cited made-up expert questioning WHO's COVID 'lab leak' stanceThe two-week-old Facebook account with one post and three friends likely 'was not opened for social networking purposes,' the Swiss Embassy in China said.
Consulte Mais informação »
Head of WHO Team Investigating Origins of Covid-19 Calls For Closer Look at China LabThe head of a World Health Organization-led team that traveled to China earlier this year to probe the origins of Covid-19 called for closer scrutiny of a laboratory near the site of the first known cluster of cases at a market in Wuhan
Consulte Mais informação »
WHO urges China to share raw data on early Covid-19 cases – latest updatesWHO urges China to share raw data on early Covid cases. More updates: 🇺🇲 US starts shipping over 560,000 vaccines to Caribbean countries 🇲🇽 Mexico posts record number of daily confirmed cases 🇧🇷 Brazil reports 39,982 new cases, 1,148 deaths For more:
Consulte Mais informação »
FDA set to authorize extra Covid vaccine doses for immunocompromised patientsThe policy will only apply to a narrow slice of adults with immune-weakening conditions who may not have gotten adequate protection from the initial two-dose Pfizer or Moderna regimen as a result.
Consulte Mais informação »
CDC Urges COVID Vaccines During Pregnancy As Delta SurgesOnly about 23% of pregnant women have received at least one dose of the COVID-19 vaccine, according to Centers for Disease Control and Prevention data.
Consulte Mais informação »
Potential Endgame Scenarios for COVID-19 | Coronavirus in ContextWebMD's Chief Medical Officer, John Whyte, MD, speaks with Eli Adashi, MD, Professor, Medical Science, Brown University, about the possible endgame scenarios...
Consulte Mais informação »