Monday, August 9, 2021

"Ominous signs for supply chains from new Covid lockdowns in Vietnam and China"

 From The LodeStar, August 9:

The lockdown in South Vietnam has caused a 100,000 teu pile-up at Ho Chi Minh City’s Cat Lai port.

And in China, ports at Shanghai and Ningbo are reportedly also facing additional congestion from new Covid restrictions.

According to Saigon Newport (SNP), yard density at Cat Lai is currently around 85%, with 106,700 teu clogging the terminal, although 2,000 containers were cleared a few days ago.

SNP said it had experienced a “rapid surge in the volume of over-dwelled import containers” at Cat Lai, which had negatively impacted vessel handling, and has implemented measures to encourage shippers to pick up their cargo, including offering free transport to nearby depots.

Marc Guilhem, owner of Ho Chi Minh-based forwarder Cargoteam, said many factories had closed or reduced production to 50%-70% during the lockdown....

....MORE

And in the U.S.:
Congestion takes hold again with supply chain delays spread across the US

We can't be doing this for every damned variant, the Greek alphabet has 24 letters.