| Southern China Port Congestion Passes Critical Congestion levels at the Shenzhen Ports of Shekou and Yantian have reached critical stage. As many of you are aware the situation in Shenzhen continues to deteriorate across ports in the entire area. Yantian port shut down for 5 days due to a COVID-19 outbreak – causing a massive backlog that also continues to worsen as the port is currently only working at 50% with high yard density of 90% due to the COVID-19 restrictions the Government has put in place, now many vessels are omitting Yantian and Shekou to minimise congestion and vessel idle time. Please keep in mind this congestion will cause delays across all South China Ports including Nansha, Hong Kong, Foshan, Yantian and Shekou. Stockwells will continue to update customers when information becomes available. For more info on the current congestion in South China, click here. If you have any questions, please get in contact with your sales representative on 1300 786 468 or [email protected] |
| Shipping Cost Surge Raises Retail Price A surge in demand since the lows of the COVID-19 recession has sent the cost of sea freight skyrocketing around the world, this is the reality of shipping in the current volatile environment and that could soon see consumers paying higher prices. See below latest video by ABC News below. Click for news article here. ABC News – Youtube.com If you have any questions, please get in contact with your sales representative on 1300 786 468 or [email protected] |