Before the pandemic container volumes still grew at a higher rate than global GDP. Since then the GDP multiplier has dipped to just 0.14, indicating little growth to come

The new requirement appears to have been suspended amid complaints from shipping firms

Impact of policy change will depend on how fast ports and terminals follow the government’s instructions, said one management company

Crew changeovers in China are expected to become easier although some significant barriers remain in place

A partial lockdown in the city’s Baiyun district, a key logistics and warehousing cluster, is raising concern

A successful reopening will boost transportation demand and in the longer-run reduce supply chain disruptions, but reaching that destination is likely to be disruptive, according to maritime research firm MSI

Many shipping and port companies listed in Shanghai and Hong Kong have seen share prices rebound in current trading

City remains vigilant about a relapse into surging cases, as around-the-clock sites for PCR tests are put in place for container truck drivers

Containerised freight supported globalisation by offering cheap, reliable transport. The events of the past two years have shown it to be lacking resilience when most needed

Shippers are allowed to pick up empty containers directly from the port area but many drivers remain stranded in the lockdown district

Shipping and logistics companies are scrambling to offer alternatives to customers as the heavy-handed surveillance associated with the so-called ‘zero-Covid’ backdrop renews its grip  

Shenzhen slowdown said to be on the back burner for container shipping carriers which are under pressure from a significant loss of steam in freight markets and declining spot rates