China ports hit by Covid restrictions
The outbreak is reportedly growing at nearby Tianjin. While the port is open, restrictions on truck drivers are causing delays. Carriers are changing vessel rotations at short notice to avoid badly impacted ports, diverting cargo for example to Shanghai, which is already severely congested.
We believe China may relax its zero-Covid policy after the Winter Olympics in Beijing, ending on 20 February, but have to warn of supply chain disruptions until then.
Middle East Supply Chain Update
Sea Freight
Following the withdrawal of war risk coverage as of 5 March, most carriers have suspended new bookings to and from the Middle […]
Information about effects of Middle East escalation
Due to the current geopolitical development in the Middle East, we would like to inform you about the potential impacts on ongoing and […]
The war in Iran is having a massive impact on shipping and air freight
The situation in the Middle East is escalating, causing massive disruptions to maritime shipping. Maersk and Hapag-Lloyd have suspended all ship passages through […]
