13th April 2022
While some residents were allowed to step out of their homes for the first time in several days, Shanghai enters the second week of an indefinite lockdown, leading to ocean carriers increasingly omitting calls at the world's largest sea port and preparing to announce more blank sailings.
Read more … Shanghai lockdown goes on
5th April 2022
The Shanghai lockdown has been extended indefinitely, a move that casts further uncertainty over Chinese supply chains. The severe restrictions in the eastern half of the city, including Pudong, were due to be lifted on Friday, but nearly all areas remain under lockdown and local authorities have given no timeframe for its end.
Read more … Supply chains remain in chaos
28th March 2022
The COVID pandemic in China continues to spread across the country. Shanghai, unfortunately, has replaced Jilin Province as the leading hotspot in the nationwide outbreak. As a consequence, the Shanghai Government announced late last evening to launch a two-phase lockdown in the city as from early March 28, divided primarily between Pudong ( March 28 to April1 ) and Puxi ( April 1 to April 5 ).
Read more … Shanghai in lockdown
14th March 2022
Hong Kong's neighbouring city Shenzhen will be put under a citywide lockdown starting today, Monday, the local government announced after it reported 66 new coronavirus cases. The city with a population of around 17 million, across the border from Covid-hit Hong Kong, has told residents to get tested three times between March 14 and 20.
Read more … China places 17 million residents of Shenzhen under lockdown
10th March 2022
The invasion of Ukraine by the armed forces of the Russian Federation is causing concern for some shippers who have their goods transported by rail along the Silk Road. Currently, rail transports on the Silk Road are running smoothly.
Read more … Rail transport along the Silk Road
2nd March 2022
Following Russia’s invasion of Ukraine, the price of crude oil has soared to its highest level since 2014, to more than $105 a barrel, with analysts predicting $130 within weeks. As a result, shippers must brace themselves for a raft of emergency bunker surcharges from ocean carriers.
Read more … Current impacts on logistics as a result of the Ukraine crisis
22nd February 2022
In its press release dated 17 February 2022, CLECAT (the European Liaison Committee of the Freight Forwarding Industry to the EU Commission) informed about its request to the EU Commission to carry out a sector inquiry in the container shipping sector in order to eliminate unfair and discriminatory regulations. From CLECAT's point of view, European companies continue to face rising container shipping costs, record low reliability and limited service offerings.
Read more … CLECAT calls for an urgent sector enquiry in the container shipping
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