The situation with the closure of one of the largest Chinese ports may be another “catastrophe in a number of disasters of the world supply chain”, writes Bloomberg with reference to the opinion of the Nenius Poskus, the Vice-President of FlexPort, which develops software for logistics needs.
On the closure of the Uanian terminal against the background of the flashes of Coronavirus became known at the end of May, it was assumed that it would be possible to deal with the situation in a couple of days. However, now in the port declare that normalization is expected only by the end of June, and based on the experience of the crisis in the Suez Channel, you can predict that with the accumulated cargo it will be possible to deal with only a few months.
The largest operator of container shipping in the world – Danish company A.P. Moller – Maersk has already stated that the situation becomes a problem for all world trade, reports “Lenta.ru.”
Bloomberg calculated that now the coast of China has anchored 139 container carriers: it is approximately half of the middle of the middle of April – the beginning of May. Some local entrepreneurs have encountered complete supplies.
Experts have already noted that the closure of Yantian can become even more problem than a traffic jam in a Suez Channel caused by stuck container ship.