Maersk eyes 'cut and run' moves as port congestion brings delays
*Edited at 10:45am on 12 February to include a response from PSA Singapore and Maersk* Maersk ...
A new partial lockdown in Ningbo has highlighted the threat to container supply chains from China’s strict zero-Covid policy.
Positive cases in Ningbo’s Zhenhai district prompted “closed loop” management to be imposed on Monday, according to local media.
The city is home to the world’s third-largest container port complex, Ningbo-Zhoushan, which handled 28.7m teu during the first ten months of the year, surpassing 2020’s total throughput.
There has been no impact on supply chains so far, but with similar isolated lockdowns within the ...
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