Business, Technology, Equipment, Safety

Container Freight Rates Set to Rise on More China Lockdowns

The number of containerships waiting off Qingdao, one of China’s biggest ports, is continuing to rise as the country doubles down on its COVID Zero policy, adding more delays to a strained global supply chain.

Kevin Varley and Ann Koh | Bloomberg News
March 14, 2022
Government, Business, Technology, Logistics

China Port Congestion Worsens as Ningbo Shuts for a Week

The partial closure of the world’s third-busiest container port is worsening congestion at other major Chinese ports, as ships divert from Ningbo amid uncertainty over how long virus control measures in the city will last.

Kevin Varley and Ann Koh | Bloomberg News
August 18, 2021