LONDON/LOS ANGELES - China's fast-spreading coronavirus is throwing the global container shipping trade out of sync, with lines re-routing cargoes and reducing calls to Chinese ports, setting the scene for months of delivery delays ahead, industry sources said.
The world's top container lines Maersk, MSC and CMA CGM have all reduced calls to China, known as blank sailings, the companies said in recent days. Shipping and trade sources say regular schedules are also being affected by truck and port workers in China stuck at home or away from their places of work. In addition, warehouses around dock areas in China are not fully working. This has led to ships being diverted from China to ports in South Korea.
If container levels increased to over 80% it would be difficult to run the port efficiently, the official said. "This is largely due to lower volumes on China. This is normal during Lunar New Year, but it seems to us that the volumes are lower than normal for this period - likely impacted by the coronavirus," he told Reuters.
Source: News Formal (newsformal.com)
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