Chinese shippers 'fogged down' by worsening port congestion
Foggy weather at China’s key container ports of Shanghai and Ningbo has worsened the congestion, ...
VW: D-DAYPLD: KEEP PUSHINGDHL: NEW AIR SERVICEDHL: GUIDANCE UPGRADE REACTIONDHL: NEW HIGH TARGET ON THE STREET DSV: EXPECTATIONS RUN HIGH KNIN: DHL GUIDANCE UPGRADE READ-ACROSSKNIN: NEW OPENINGGM: TECH UPSIDEAMZN: BIG DEBT FUNDING ON ITS WAYDHL: 'STELLAR EXPRESS'DHL: UPDATEDHL: STRONG PRELIMINARY UPDATE CHRW: STILL VERY BEARISH
VW: D-DAYPLD: KEEP PUSHINGDHL: NEW AIR SERVICEDHL: GUIDANCE UPGRADE REACTIONDHL: NEW HIGH TARGET ON THE STREET DSV: EXPECTATIONS RUN HIGH KNIN: DHL GUIDANCE UPGRADE READ-ACROSSKNIN: NEW OPENINGGM: TECH UPSIDEAMZN: BIG DEBT FUNDING ON ITS WAYDHL: 'STELLAR EXPRESS'DHL: UPDATEDHL: STRONG PRELIMINARY UPDATE CHRW: STILL VERY BEARISH
The Meishan Island International Container Terminal (MSICT) at Ningbo-Zhoushan port, which partially reopened last week has now reported that the terminal will resume full operations from today.
A Covid-19 scare, following a positive test on a docker who lived at the terminal’s dormitory, saw MSICT close on 11 August, sparking fears of another substantial event to disrupt global supply chains.
In the event, local authorities immediately imposed a strict lockdown and the move has now led to the facility reopening fully.
MSICT handles around 6m teu a year, about 20% of Ningbo-Zhoushan port’s annual volumes, and there will be a substantial backlog to clear.
Last week, project44 reported 41 ships were at anchor awaiting a berth and cargo handling at Meishan Island.
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