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Traffic has been building up at the Shanghai terminal. As of April 19, 2022, over 470 ships are still waiting to deliver goods to China. If you?d like to check out the Shanghai ports most up-to-date traffic, this live map by MarineTraffice provides real-time updates.
The number of container vessels waiting outside of Chinese ports today is 195% higher than it was in February. ? Windward
Much of these delays are due to transport issues?an estimated 90% of trucks that support import and export activities are currently offline, which is causing dwell time for containers at Shanghai marine terminals to increase drastically.
Wait times for at Shanghai marine terminals has increased nearly 75% since the lockdowns began. Delays at the Shanghai terminal have sent ships to neighboring ports in Ningbo and Yangshan, but those ports are beginning to get congested as well.
-- The global impacts of this current bottleneck are still pending, and depend greatly on the length of Shanghai?s lockdown. According to an article in Freight Waves, this could turn into the biggest supply chain issue since the start of the pandemic if China?s marine shipping congestion isn?t cleared up soon. -- !!
We've got something coming. Covid, the Chinese are abusing it to expand the economic war with the West and Ukraine is being abused to wage war with Russia. There is not much more to it. The rest everyone must decide for himself. Puts and hedged shorts are in any case not the wrong thing.
To understand the connections between Ukraine and China a little better, it makes sense to look at the following. If you only add this up, then it becomes clearer how interlocked the entire economies in the world are and what significance it has for everyone if two of the cogwheels break down at once.
Yes this IS the super GAU for the next years. Around the globe. And influencing every market we are discussing here.
Even the port is working normal - the deliveries of goods will be delayed for a very long time.
Recession - home made.
There's a video on every single WeChat Moments right now, being censored as quickly as someone can repost. Scrolling down every feed is just this video being re uploaded and then censored. It depicts desperate people calling into CDC asking for help during the Shanghai outbreak.
The real victim of Shanghai?s COVID lockdown? Intra-Asia trade pipeline
Movement of materials and finished products between China and key Asian suppliers takes a hit.
The slothlike trade moving out of Shanghai has created a short supply of raw materials traveling on the all-important intra-Asia trade route. Countries that make up this trade pipe ? Vietnam, Malaysia, Taiwan, Japan, Korea, Indonesia and Cambodia ? have factories waiting on crucial raw materials needed to finish goods ranging from apparel and footwear to furniture.
This pipeline saw an expansion in the trade as more American importers diversified their manufacturing out of China as a way to work around the China tariffs.
But what this pandemic has revealed is even with this ?manufacturing diversification,? the dependency on China has never been fully severed. Major raw materials such as jute, cotton, silk, wool and manmade fibers used by the textile and apparel industry are sourced in China.
These raw materials are components in yarns, fabrics, fasteners, threads, pockets, shoulder pads and waistbands. In addition, trimmings (buttons, zippers, etc.), leather and rubber soles (for shoes) are made in China and transported to intra-Asian factories.
Thus, if a box of zippers is on the floor of a closed Chinese manufacturing plant or a part of the ?lucky? 666 and a truck can?t pick up that box due to restrictions, the consumer is out of luck.
?We fear that the Shanghai lockdown is impacting the intra-Asian business more than Asian exports,? said Peter Sand, chief shipping analyst at Xeneta.
Shanghai Ship Jam Spells Supply Chain Trouble
by Anna Fleck, / Apr 28, 2022
China’s tough new lockdown measures have led to a major backlog of cargo and container ships in front of Shanghai's port. With employees unable to go to work, the world’s largest container port is having to manage with significantly fewer staff. Our chart shows the scale of the problem, using a map of the area on April 28, as provided by FleetMon, an online tracking portal for ships.
In terms of container throughput, Shanghai’s port is the largest in the world. 47 million 20-foot equivalent units (TEUs, unit of measure for container sizes) were handled there last year. To put this into perspective, the largest port in Europe is in Rotterdam, and had only 15.3 million TEUs handled there in that same year. This Statista graphic provides an overview of the world's largest cargo ports.
FleetMon uses ships’ Automatic Identification Systems (AIS) signals to display traffic volume. These are important in shipping for the exchange of navigational data via radio. Every ship over 20m has to transmit an AIS signal. It transmits, among other things, call name, vessel type, GPS position, dimensions and similar data.
7 of the world's 10 busiest container ports are in China
It comes as no surprise that the majority of the largest and busiest seaports in the world are located in China. The ports in China account for 70 percent of the capacity of the top 10 ports worldwide. The busiest ports are determined on the basis of container (TEU) traffic.
For years, Singapore had the biggest seaport in the world. However, Shanghai took over in 2010 and has been the world’s largest and busiest container port ever since. Opened as a treaty port in 1842, Shanghai port is said to have enabled China to become the world’s largest trading country. Over a quarter of China’s annual import and export trade goes though Shanghai International Port, a majority state-owned firm.
The port comprises a deep-sea (East China Sea) and Yangtze river ports, also making the river a viable maritime shipping channel. According to the World Shipping Council data, Shanghai port handled over 37 million TEUs in 2016, increasing its container turnover by 1.6 percent compared to the previous year. Second place in the ranking is occupied by the port of Singapore with a turnover of almost 31 million TEUs and in the third position is Shenzhen port with around 24 million TEUs handled annually, according to the most recent data.
