By Lisa Baertlein and Tom Polansek June 2 (Reuters) – California port leaders expect imports to rise as Shanghai, home to the world’s busiest seaport, emerges from a two-month COVID-19 lockdown. The…
https://gcaptain.com/california-ports-prepare-for-cargo-surge-as-shanghai-reopens/
By Bloomberg News (Bloomberg) — Shanghai faces weeks, if not months, of slow recovery until economic activity can fully bounce back from the crippling Covid lockdown that began in March. Based…
https://gcaptain.com/shanghai-faces-long-road-to-recovery-as-lockdown-lifts/
By Mike Wackett (The Loadstar) – With Shanghai on the cusp of unlocking its manufacturing and unshackling frustrated container exports, spot rates from Asia are set to increase in the coming…
https://gcaptain.com/chinas-covid-lockdowns-is-the-shanghai-bullwhip-ready-to-crack/
By Bloomberg News (Bloomberg) — Daily operations at Shanghai’s port have almost fully recovered from the effects of the city’s Covid-19 lockdown, though the backlog from disruptions to the port and…
https://gcaptain.com/shanghai-port-rebounds-as-lockdown-loosens-but-backlog-remains/
Russia’s war in Ukraine and China’s COVID-19 lockdowns are adding additional risks to the global trade recovery, the World Trade Organization said Monday. Prospects for the global economy have “darkened”…
By Ann Koh and Kyunghee Park (Bloomberg) — China appears to be gradually easing its lockdown of Shanghai, but that won’t bring immediate relief to global supply-chain congestion, according to a major shipping…
https://gcaptain.com/worker-shortages-snarl-shipping-even-as-shanghai-lockdowns-ease/
The Port of Long Beach set another new single-month record in April as the port continues to clear marine terminals of cargo ahead an expected new wave of imports in…
By Mike Wackett (The Loadstar) – The combination of Covid lockdown cargo delays in China and congestion at US east coast ports has prompted alliance carriers to announce blank sailings on…
https://gcaptain.com/ad-hoc-carriers-and-retail-charters-hit-by-china-lockdowns/
By Krystal Chia (Bloomberg) — Hong Kong’s exports plunged in March by the most since January 2020 as Covid restrictions in China weighed on the flow of goods. Exports fell 8.9%…
By Bloomberg News (Bloomberg) — The northern port of Qinhuangdao is the latest Chinese commodities hub to get hit by virus-related lockdowns. The city in Hebei province has locked down its…
https://gcaptain.com/china-locks-down-part-of-northern-hub-for-coal-shipping/