COVID-19 Delta, China Shutdown & the next Global Shipping Crisis? | What's Going on With Sh
On this episode of What's Going on With Shipping, Sal Mercogliano, Chair of the Department of History, Criminal Justice and Political Science at Campbell University, former merchant mariner, and instructor in Maritime History, Security and Industry Policy, looks at the impact of the Delta variant impact on Global Shipping. He first examines the shutdowns in the Far East and the affect this will have on ocean transportation. Next the global trade imbalance due to the inability to get exports out of the US and claims against the large container carriers; along with their "Shock" of such claims being leveled against them. The potential long-term impact this may have on the nation as it appears this may be going on until 2022 and China's development of new overland route to Europe to service the American market.
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COVID threatens Chinese exports as US struggles to restock inventories
https://www.freightwaves.com/n....ews/covid-threatens-
Shipping braces as China goes into lockdown mode
https://splash247.com/shipping....-braces-as-china-goe
Vietnamese supply chain dislocation worsens
https://splash247.com/vietname....se-supply-chain-disl
Lockdowns in China and Vietnam see swathe of factory closures
https://splash247.com/lockdown....s-in-china-and-vietn
Typhoons Pose Latest Supply Chain Threat as China Ports Shut
https://gcaptain.com/typhoons-....pose-latest-supply-c
Backlog remains in Shanghai in Typhoon In-fa’s wake
https://container-news.com/bac....klog-remains-in-shan
American port congestion worsens
https://splash247.com/american....-port-congestion-wor
Forwarder Angst as Carriers Switch Vessels Onto The Best Paying Tradelanes
https://theloadstar.com/forwar....der-angst-as-carrier
Africa the big loser as global liner patterns shift to focus on more profitable east-west tradelanes
https://splash247.com/africa-t....he-big-loser-as-glob
US ports face peak-season ‘gridlock plus’ as anchorages fill
https://www.freightwaves.com/n....ews/us-ports-face-pe
U.S. Trade Deficit Widened to Record in June
https://gcaptain.com/u-s-trade....-deficit-widened-to-
Cargo Surge Continues at Port of Long Beach
https://gcaptain.com/cargo-sur....ge-continues-at-port
China-U.S. Box Rates Sail Past $20,000
https://gcaptain.com/china-u-s....-box-rates-sail-past
Xeneta: Container Rates Set New Records with Little Relief Ahead
https://www.maritime-executive.....com/article/xeneta-
In the eye of the congestion storm: Q&A with Port of LA’s Gene Seroka
https://www.freightwaves.com/n....ews/in-the-eye-of-th
Maersk Raises its 2021 Profit Forecast by Another $5 Billion
https://www.maritime-executive.....com/article/maersk-
More Complaints Against Profiteering Carriers Expected as Shippers Costs Soar
https://theloadstar.com/more-c....omplaints-against-pr
FMC Responds to Shipper Complaints With Probe Into Shipping Surcharges
https://theloadstar.com/fmc-re....sponds-to-shipper-co
MSC ‘Shocked’ By Shipper’s Anti-Trust Complaint
https://gcaptain.com/msc-shock....ed-by-shippers-anti-
FMC’s Maffei says capacity demand won’t recede ‘until late 2022’
https://www.freightwaves.com/n....ews/fmcs-maffei-says
‘Made in China’ products are running into new logistics problems
https://www.cnbc.com/2021/08/0....4/shipping-made-in-c
Shipping snags prompt US firms to mull retreat from China
https://apnews.com/article/joe-biden-business-health-coronavirus-pandemic-global-trade-a8992e7141013f0164d04476d637f0c5?utm_medium=AP&utm_campaign=SocialFlow&utm_source=Twitter
OOCL becomes first carrier to launch a China – US east coast rail/sea service
https://splash247.com/oocl-bec....omes-first-carrier-t
Beware ‘nasty side effects’ if government targets ocean carriers
https://www.freightwaves.com/n....ews/beware-nasty-sid
