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Delta variant of Covid-19 Spreads in China: China’s Port Shutdown Raises Fears of Closures Worldwide

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China’s Port Shutdown Raises Fears of Closures Worldwide after a new covid-19 outbreak in some parts of the nation.

A new wave of the Covid-19  outbreak in China has partially shut one of the world’s busiest container ports and is heightening concerns that the rapid spread of the delta variant will lead to a repeat of last year’s shipping nightmares.

According top a Bloomberg report, the Port of Los Angeles, which saw its volumes dip because of a June Covid outbreak at the Yantian port in China, is bracing for another potential decline because of the latest shutdown at the Ningbo-Zhoushan port in China, a spokesman said. Anton Posner, chief executive officer of supply-chain management company Mercury Resources, said that many companies chartering ships are already adding Covid contract clauses as insurance so they won’t have to pay for stranded ships.

Many other ports globally will be affected by this recent shutdown in China.

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