Shanghai and Ningbo Port closures could disrupt $14bn worth of trade

Capt. John

The recent closure of Shanghai and Ningbo ports due to Typhoon Chanthu could result in trade delay disruptions of  more than $14bn-worth of goods, according to scenario analysis conducted by risk-modelling company Russell Group Analysis showed that the commodities of clothing ($331m is exported from Shanghai) and computers/office equipment ($361m) would face severe disruption and…

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https://insurancemarinenews.com/insurance-marine-news/shanghai-and-ningbo-port-closures-could-disrupt-14bn-worth-of-trade/

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