The following are recent updates regarding the state of operations at Yantian Port: YICT has issued a notice stating that as of June 10, the terminal will accept export laden containers with an ETA-7.The overall operation capacity of YICT has been restored to about 75 percent.The yard density is significantly reduced to 70 percent.During the…
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What started as a small COVID-19 outbreak in Yantian port is now having a crippling effect on all Southern China ports. There are more than 40 containerships at anchor outside Yantian and more than 60 void sailings announced for the rest June. Nearby, Nansha and Shekou ports are suffering under burgeoning container flow, as regular…
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The impact of terminal slowdowns at YICT terminal, in Yantian, has caused a ripple effect that is paralyzing the region’s ports. Quarantine restriction has caused labor to be in short supply. This has limited the number of active berths to only five of what would normally be 16 vessels working at any given time. There…
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UPDATE: 5/27/21—YICT terminal in Yantian is extending its closed gate for outbound cargo to May 30, 23:59. Retrieval of inbound containers and empty pick up are not impacted. Laden acceptance will only allow shipments with vessel whose ETA is within four days. The implementation period for this new parameter is from May 28 to June…
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With eleven straight months of volume growth behind us, and no immediate end of sustained consumer demand in sight, ocean carriers and marine terminals continue to choke on the sea of import containers coming into U.S. ports. The COVID-19 virus caused intermittent labor shortages, by impacting drivers and longshoremen, and severely disrupted terminal efficiency and…
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As COVID-19 cases increase in India, several state governments have ordered lockdowns or curfews. These restrictions could continue until end of the month. The following are major updates we are seeing regarding the impact on commerce. Manufacturing—Manufacturing in India has come to a near standstill. Airports—More and more countries are restricting passenger travels to and…
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The Organic Soybean Processors of America has filed a petition with the U.S. Department of Commerce (DOC) and the U.S. International Trade Commission (ITC) to investigate their allegation that organic soybean meal produced in India and sold in the U.S. is being sold at less than fair market value. India is the largest producer of…
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As most of you are aware, India is grappling with a second wave of COVID-19, which is infecting more than 350,000 people and claiming 2,500 lives every day. The healthcare infrastructure in India is near total collapse with a severe shortage of hospital beds, oxygen, and treatment medications. The country is vaccinating three million people…
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The Canadian Union of Public Employees (CUPE), Local 375, has given a 72-hour strike notice to the Maritime Employers Association (MEA) at the Port of Montreal beginning April 26, 2021 at 7am. All services provided by the union members at the port will stop except for Oceanex services, as they are deemed essential. We will…
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The ripple effects from the Ever Given—the containership that was stuck in the Suez Canal a few weeks ago—will continue to be felt in trade lanes around the world for a month or two. We were already taxing the global transport system beyond its limitations when the grounding in the Suez Canal occurred. The delay…
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