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Where is the source on Chinese ports being closed? I work in the international trade sector and since March 9th we’ve had record breaking activity on our system
by amalter 7y ago
Where is the source on Chinese ports being closed? I work in the international trade sector and since March 9th we’ve had record breaking activity on our system.
Even looking at AIS you can see 1000+ dockings over the next 3 days at Shenzhen - https://www.marinetraffic.com/en/data/?asset_type=arrivals_departures&columns=shipname,move_type,port_type,port_name,ata_atd,origin_port_name,leg_start_port,intransit&port_in|begins|SHENZHEN|port_in=1007&ata_atd_between|range_date|ata_atd_between=2020-03-26,2020-03-28 https://www.marinetraffic.com/en/data/?asset_type=arrivals_d...
Also air freight volume is off the charts! We’re starting to see airlines use their 777’s with cargo in the belly and boxes on the seats.
I can’t speak to the food security situation at all. However, from my vantage point, supply lanes are screamingly full of something.
How that plays out for individual products ... shrug ...
- baybal2 7y ago> Also air freight volume is off the charts! We’re starting to see airlines use their 777’s with cargo in the belly and boxes on the seats. Yes, after resumption of commercial activities, air freight was record cheap for a few weeks, than it was hit again by airport closures. Now I got news that SZ airport will be reopening again for freight only flights under some special regime As for ports, we have a container stuck in Yantian since Feb 14, no news from the shipper when they can load. The freight broken says the shipping company says the ship is there moored, but they have no permission berth or to do anything besides pass instant noodles to the crew. Yeah, it's best to say we are having a monumental pileup that is continuing since the spring festival
- baq 7y agoHas the empty container imbalance problem been fixed?