Disruption to shipping could have ripple effects on Christmas orders

An outbreak of Covid-19 in Guangdong province in southern China has caused acute congestion at the region's ports. As a result, shipments have been delayed, exacerbating tensions within global supply chains. And the knock-on effects could take many months to resolve. The current disruption in the global container shipping industry shows no sign of being resolved quickly. Industry experts predict that the situation could lead to shortages even in the run-up to Christmas.

The problems in Guangdong are just the latest in a series of severe setbacks for the industry. Shipping companies have been struggling to cope with dramatic fluctuations in demand triggered by the pandemic, as well as the consequences from the recent blockage of the Suez Canal. The global nature of the sector, and the lack of spare capacity within it, means that problems in one region can have ripple effects around the world for several months.

Source: bbc.com

 

Photo source: Dreamstime.com


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