Skip to content

"Ripple Effect" - Chinese Port Congestion Soars To Five-Month High

95 (1)

“Even though workers have been sent back to factories, and some lockdowns have been lifted, the disruption alarmed A.P. Møller – Maersk A/S, the world's largest container shipping company by capacity, last Friday, telling clients to expect new supply chain snarls and logistical delays.

"While manufacturing also takes place in other parts of the country, these delays will still affect output, though not drastically," Maersk said in a memo to clients.

Vessel observation data show increased congestion of container ships at Chinese ports. Meanwhile, congestion at Port of Los Angeles/Long Beach has subsided this year.”

Subscribe to our regular newsletter and get exclusive access to our next investment opportunity.

Recent Posts

Economic Update | 7.1.2022

Economic Update | 7.1.22 Economic Data Updates: 6/27 to 7/1: STLFSI, NACM Credit Managers’ Index, weekly unemployment claims, and yield…

Read More...

Building Middle Income Multi-Generational Housing with Scott Choppin

Building Middle Income Multi-Generational Housing with Scott Choppin “Today Guest is Scott Choppin. He is the founder of the Urban…

Read More...

Rent Increases Up Sharply Year-Over-Year, Pace is Slowing

Rent Increases Up Sharply Year-Over-Year, Pace is Slowing “Welcome to the June 2022 Apartment List National Rent Report. Rent growth…

Read More...