Typhoon Bebinca shuts down port operations in Shanghai and Ningbo
Departures from Shanghai’s container terminals are likely to be erratic following typhoon Bebinca causing serious ...
WMT: ON A ROLLDSV: SLOW START AAPL: LEGALUPS: MULTI-MILLION PENALTY FOR UNFAIR EARNINGS DISCLOSUREWTC: PUNISHEDVW: UNDER PRESSUREKNIN: APAC LEADERSHIP WATCHZIM: TAKING PROFITPEP: MINOR HOLDINGS CONSOLIDATIONDHL: GREEN DEALBA: WIND OF CHANGEMAERSK: BULLISH CALLXPO: HEDGE FUNDS ENGINEF: CHOPPING BOARD
WMT: ON A ROLLDSV: SLOW START AAPL: LEGALUPS: MULTI-MILLION PENALTY FOR UNFAIR EARNINGS DISCLOSUREWTC: PUNISHEDVW: UNDER PRESSUREKNIN: APAC LEADERSHIP WATCHZIM: TAKING PROFITPEP: MINOR HOLDINGS CONSOLIDATIONDHL: GREEN DEALBA: WIND OF CHANGEMAERSK: BULLISH CALLXPO: HEDGE FUNDS ENGINEF: CHOPPING BOARD
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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