Yantian port in Shenzhen affected by closure
Due to an ongoing coronavirus outbreak in the Yantian port in Shenzhen, South China, the port will be partly closed and we expect continued port congestion and vessel delays for the next two weeks. At the same time, vessels with infected crew on board are requested to enter a 14-days quarantine.
Delays on containers and shipments from South China and the Shenzhen area must therefore be expected.
We are monitoring the situation and doing everything we can to handle your shipments as quickly and seamlessly as possible, and we will do our utmost to mitigate the risk of a negative impact on your supply chain. However, please notice that we expect delays in deliveries from the area.
You are always welcome to contact your personal LEMAN representative to learn more about the situation and alternative logistics solutions.
At the same time, please find further information on the port congestion in Container News.
South China's market situation continues to deteriorate as Covid-19 cases in Guangzhou have been confirmed. Overall Yantian port is said to operate at less than 70% capacity at the moment.
As carriers have been omitting Yantian port we now see impacts not only on Yantian port but also Shekou and Nansha being congested due to cargo influx from Yantian.
The Yantian congestion now surpasses the Suez Canal blockage in terms of containers blocked.
More than 90 container vessels are now anchored outside Yantian port waiting to berth. It is expected that the carry-over effect of the Yantian shut down and congested neighboring ports will last up to 5 weeks. It is reported that vessels can expect to wait up to 16 days before being allowed port entry.
Mass Covid-19 testing continues in the region which is another cause of delay, many manufacturers in Guangdong are reported to plan reduced-order acceptance and take a wait and see approach. Thereby export orders are expected to slow the second half of the year due to a spike in shipping cost as well as shipping delays.
With this in mind, rates are expected to continue the dramatic increases for both Transpacific and European trade lanes.