Ripple effects from China’s latest COVID-19 outbreaks expected into June, July
Over the past several weeks, restrictions aimed at stopping the spread of COVID-19 have seen Shanghai’s industrial output and retail sales plummet, while supply chain ripple effects are expected to continue into June or July.
Case counts are declining in Shanghai and Kunshan (administration of the prefecture Suzhou), a high-tech manufacturing hub, but both cities remain under lockdown. The government has lifted most quarantine controls across the rest of country and plans to further loosen restrictions in Hong Kong by the end of May. However, COVID-19 cases continue to arise in Beijing, raising the potential for new restrictions.
UNCERTAINTY ON OPENING OF THE STRAIT OF HORMUZ CONTINUES
According to a report published by Allianz Research, approximately 1,150 cargo-carrying vessels with a combined vessel and cargo value estimated at $125 billion […]
These are the world’s fastest container ports
New data from the World Bank shows where containers were handled particularly quickly in 2025 and where ships rarely had to wait. According […]
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 […]
