This story I recieved today from my union's weekly newsletter.
PARTIAL CLOSURE OF NINGBO TERMINAL UNDERLINES FRAGILITY OF GLOBAL SUPPLY CHAIN
Shipping companies have been diverting vessels from one of the world’s busiest container ports, Ningbo-Zhoushan, which was partially closed after a case of Covid-19 was discovered there last week.
The port operator has not offered a timeline for the resumption of operations.
A number of companies have diverted vessels from Ningbo to alternate Chinese ports and congestion is expected to rise as more follow their example.
The closure is having an impact on billions of dollars’ worth of global trade, in particular integrated circuit boards and other electronic components, metal and bunker fuel supplies.
The average number of weekly calls to Ningbo has already dropped by 70 percent, according to some reports.
The partial shutdown of operations at the port is only the most recent in a string of events, including the crew change crisis and the blockage of the Suez Canal, that have highlighted the fragility of the global supply chain.