Increased demand, with expenditure shifting from services to products, has further supported prices. "No effect currently.I don't think the port will be impacted, but it will also depend on the development on the coronavirus situation" said Dave Li, branch manager, Chongqing City, T.H.I Group Limited.Ĭontainer rates on major trade lanes have risen nearly three- to four-fold in the last 18 months amid coronavirus restrictions and subsequent supply chain blockages, as well as equipment shortages. Some sources said that so far they have not faced any challenges from the shutdown. "The traditional agricultural trade season also starts in January and a simultaneous rise in PPE shipments could choke the system further," an exporter based in India said. The increase in coronavirus infections may further disrupt the ocean freight industry by triggering higher demand for PPE kits and masks, in turn leading to higher freight rates. "this is only the beginning - the first quarter of 2022 is going to be a complete wreck." "The rising COVID infections may lead to shutdowns at Ningbo and some other ports in China, adding to congestion and cargo backlogs," a source with a UK-based logistics company said. However, this also means other regions could also soon see similar restrictions, the source said. "We need to now ascertain the impact on port and terminal operations and how much trucking and depot operations will be affected," a source based in Singapore said. An importer based in the US confirmed the same information, adding that the company's Shanghai office has been closed. The lockdown is for 14 days," a source said. "Just received an update from our China contacts.Zhenhai district has been locked down due to three positive cases of COVID-19. It does not store any personal data.Receive daily email alerts, subscriber notes & personalize your experience. The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. The cookie is used to store the user consent for the cookies in the category "Performance". This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other. The cookies is used to store the user consent for the cookies in the category "Necessary". The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional". The cookie is used to store the user consent for the cookies in the category "Analytics". These cookies ensure basic functionalities and security features of the website, anonymously. Necessary cookies are absolutely essential for the website to function properly. For continuous updates, make sure to check out our website at. Stay up-to-date on freight news with Green’s Weekly Freight Market report by following us on Facebook, Twitter, and LinkedIn. Shippers are advised to connect with origin manufacturers to determine delays and contingency procedures. This is the third lockdown for China’s Ningbo area over the past six months. Ocean carriers have already begun to divert or cancel port calls to restricted Ningbo container terminals in an effort to avoid delays and strict health check for onboard crews. Ningbo Beilun Container Terminal (NBCT).Only specific police-controlled domestic carriers are being allowed to operate within lockdown areas. Trucking services surrounding the Beilun District are suspended. Operations at the nearby Port of Ningbo have been impacted as shippers struggle to find trucking solutions amid the government’s gate-in/gate-out restrictions on domestic carriers. Maintaining a zero-COVID policy, Chinese authorities have implemented mass testing, disinfection procedures, stay-at-home orders, and quarantine measures for the area. New Year celebrations were cut short over the weekend in China’s Beilun district as the area was put under strict lockdown after a confirmed COVID outbreak. Economy Benefit from Foreign Trade Zones? What is the Difference Between a Port Omission and a Blank Sailing?.How Much Fits into a 40 Foot Shipping Container?.If a Container Is Discharging at the Port of Los Angeles but Being Put On the Rail to an Inland Destination, Does the Clean Truck Fee Apply?.What are the Pros and Cons of Different Transportation Modes?.What are the Differences in Freight Release Types?.Green Worldwide’s Miami Branch Supports St.Green Academy Trainees Clean Up Local Park.Federal Maritime Commission Prepares Proposed Duty & Demurrage Billing Requirements. Leave the Leaves: Fall Sustainability Tips.
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