Massive Delays At China Ports After COVID-19 Outbreak, Global Supply Chains Take A Hit (IB Times)

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    Massive Delays At China Ports After COVID-19 Outbreak, Global Supply Chains Take A Hit – By Jennifer Manongdo (IB Times) / June 15 2021

    • Shipping Crisis in China disrupted global supply chain
    • Spike in the Delta variant caused restrictions to port operations
    • Shipping industry in ‘absolutely unchartered waters’

    Limping from COVID-19-related disruptions and the blockage of the Suez Canal, the global economy is faced with a crippling challenge after a major shipping hub in China imposed restrictions to prevent the spread of a more potent strain of the coronavirus.

    Authorities have closed busy districts and businesses in the Guangdong province after the Delta variant was detected in late May. Port terminals were forced to operate with limited workers on site, CNBC reported.

    Reuters reported that the ports in Guangdong, including Shekou, Nansha, Chiwan, and Yantian, have issued notices that effectively bans vessels without prior reservations. The ports will require bookings for export-bound containers within three to seven days before the arrival of the ships.

    CONTINUE > https://www.ibtimes.com/massive-delays-china-ports-after-covid-19-outbreak-global-supply-chains-take-hit-3226286

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