China: Lockdown End To Impact Capacity?

May 20, 2022

China: Lockdown End To Impact Capacity?

 

As Shanghai seemingly approaches the end of its lockdowns, there are rising concerns that a flood of exports are likely to squeeze capacity once more.

Following the heavy restrictions on the public, transport, and logistics during the past two months, the city’s export production has fallen dramatically.

Subsequently, vessel calls at the Port of Shanghai have been limited. Since mid-April, carriers have been choosing to route vessels to other ports and in some cases have blanked sailings altogether.

Industry experts have recently estimated that up to 260,000 TEU of export cargo was not shipped from Shanghai in April, because of the lockdown. If that’s accurate, then capacity needs to be found for this volume in the coming weeks.

If lockdown rules are significantly relaxed in the next week or two as expected, then much of this predicted backlog will be clashing with peak season orders.

Shanghai is the busiest port in the world and an eight-week lockdown is bound to have a significant impact. That said, the Asian market has become more and more difficult to predict since the outbreak of the pandemic, so any outcome is possible.

The trade teams at Atlantic Pacific are monitoring the situation closely and will update any major developments. In the meantime, should you require further information, then please feel free to contact us.

Other News

MP’s Vote In Favour Of Windsor Framework

MP’s Vote In Favour Of Windsor Framework

MP's Vote In Favour Of Windsor Framework   The UK's new trade deal for Northern Ireland was effectively passed in the Houses of Commons yesterday, with a vote of 515 to 29. Two ex prime ministers, Boris Johnson and Lizz Truss, were amongst the 29 that opposed the...

read more
Space Issues Return To Asian Market

Space Issues Return To Asian Market

Space Issues Return To Asian Market Despite demand continuing to be low for imports from Asia, we are currently witnessing a return to space issues and booking rollovers. Capacity is being stretched again, following the continuous blanking of sailings by the carrier...

read more
Christine Speaking At Women In Freight Event

Christine Speaking At Women In Freight Event

Christine Speaking At Women In Freight Event Atlantic Pacific Group Director - Christine Nichols - will be on a panel of speakers for the upcoming Forwarder Magazine event discussing the role of women in our industry. The event will be held in Manchester on 27th...

read more

Follow us on social media

Ocean Freight Solutions

Flexible FCL and LCL solutions with all major carriers and alliances.

View More

Air Freight Services

Contracts with all major airlines and our own consolidation services.

View More

European Road Freight

Pan European services for economy, express, full load, and intermodal.

View More

Supply Chain Solutions

Tailored solutions built exclusively around your business requirements.

View More

Customs

A one-stop shop brokerage service for all of your customs requirements.

View More