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REPORT COPYRIGHT VIOLATION IN REPLY
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Message Subject
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'Dominoes falling' in global shipping as coronavirus continues to grip China's economy
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2012Portal |
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Post Content
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Refrigerated ships full of frozen food - known as ‘reefers’ - are unable to enter Chinese ports because berths are full and therefore cannot tap into electricity chargers. There is a logjam caused by the critical shortage of dockers and drivers. Meat supplies are spoiling at sea.
The US Agriculture Transportation Commission said the Pacific supply chain has been badly “compromised” and logistical headaches are building up as US ports as well. There will soon be an acute lack of containers in both American and European ports as the finely-tuned regime of world maritime transport goes haywire
Quoting: Jesus Wept And when they (Chinese companies of all sorts) declare a ' Force Majeure' all heck will break loose as suppliers will not get paid. Insurance companies also going to get hit hard on this.
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