Supply Chains Remain In Chaos as Shanghai Lockdown is Extended Indefinitely

Monday 4/04/22

The Shanghai lockdown has been extended indefinitely, a move that casts further uncertainty over Chinese supply chains, as new data is published showing the impact on China’s ocean freight volumes.

The severe restrictions in the eastern half of the city, including Pudong, were due to be lifted on Friday, but nearly all areas remain under lockdown and local authorities have given no timeframe for its end, other than saying it would be done “in stages”.

And one forwarder said: ...

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Freight Forwarder and Two Other Men Charged Over Plots to Import 100kg of Methamphetamine

Tuesday 5/04/22

A 39-year-old freight forwarder has been charged over his alleged role in a plan to import 100 kilograms of methamphetamine from Canada.

He is the third Sydney man charged following a joint Australian Federal Police and Australian Border Force investigation into a transnational drug trafficking syndicate. The investigation has also resulted in the seizure of 1 tonne of Methylamine – a chemical compound used to manufacture methamphetamine and MDMA.

Taskforce Vanguard, which comprises AFP and ABF members, launched Operation Dagger in October ...

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Australia-India Free Trade Agreement

Monday 4/04/22

Australian Prime Minister Scott Morrison said a trade agreement with India due to be signed on Saturday represented “one of the biggest economic doors there is to open in the world today”.

Morrison is expected to call a general election within days, and has been eager to secure the trade deal before campaigning began, having been in negotiations with India for a decade.

The Australia-India Economic Cooperation and Trade Agreement would be signed in a virtual ceremony by Trade ...

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Shanghai’s Lockdown Extended

Monday 4/04/22

China’s authorities are struggling with their latest battle with Covid-19. Having placed the eastern side of Shanghai, Pudong, into lockdown at the start of last week for what was planned to be five days, officials have decided to keep Pudong citizens in confinement, while the western side, Puxi, went into lockdown on April 1 as planned in the original two-stage zero-Covid crackdown strategy hatched last weekend.

Factories are shut as is all public transport. While the city’s ...

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Evergreen Declares General Average on Grounded Ever Forward

Friday 1/04/2022

Following the failure to refloat the 12,000 teu Ever Forward this week, Evergreen announced, today that, with the increasing costs of the salvage operation, it had declared General Average.

The Ever Forward container ship ran aground in Chesapeake Bay on March 13 when it was headed from the Port of Baltimore to Norfolk, Virginia.

The ship has not been blocking any navigation, unlike its sister vessel, the Ever Given, which got stuck and blocked traffic for days in the Suez Canal a year ago.

On March ...

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Australian Depot Managers Say Free Box Storage Time is ‘unworkable’

Wednesday 30/03/22

Exasperated container depot operators in Australia have called on shipping lines to offer “more realistic” free storage.

Based near Sydney’s Port Botany, Price & Speed demands carriers respond to the “industry-wide” problem of insufficient free time, given the current market conditions of surging volumes and congestion.

Owner Kevin Malouf said: “The world is rapidly changing, and when multiple ships arrive at port, cargo volumes being processed at our depot are exasperated.”

He explained that Price & Speed had been running ...

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Shanghai shutdown – Factories Expected to Suspend Manufacturing

Tuesday 29/03/22

China’s biggest city Shanghai began a two-stage lockdown Monday as authorities attempt different strategies to maintain growth, while trying to control the country’s worst Covid-19 outbreak since the pandemic began.

The city of 25 million people will first lock down areas east of the Huangpu River, which includes its financial district and industrial parks, for four days starting on Monday. Then the lockdown will shift to the city’s west for another four days, according to a statement released ...

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Maersk Vessel Loses 90 Containers Overboard

Monday 28/03/22

Maersk has confirmed that its chartered vessel Dyros lost around 90 containers overboard in rough seas, in the North Pacific, around 1,200 nm east of Japan on Monday (21/03) , and the losses included nine boxes containing dangerous cargo.

The Costamare-owned 4,578 teu vessel was en route to Seattle from Yantian, but will now be diverted to another port to handle around 100 damaged boxes still on board.

Maersk said “We regret to confirm that the 4,578 teu, Liberia-flagged vessel Dyros, chartered and operated ...

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As Shenzhen Lockdown Ends Other Regions are Hit By New Covid Restrictions

Monday 21/03/2022

China’s tech hub city of Shenzhen resumed normal work and production today after a seven-day lockdown, but it could take weeks for cargo flows to recover.

Following three rounds of testing, deputy secretary general of the Shenzhen municipal government Huang Qiang said that Covid-19 prevention in the city was “under control”.

Ocean carriers that experienced a flood of booking cancellations for sailings from Yantian are now hoping their prospects at the port will improve in the ...

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Patrick Terminals Employees Vote up New Enterprise Agreement

Friday 18/03/2022

After two years of negotiation, the new Patrick Terminals Enterprise Agreement has been voted up by employees across all four Patrick terminals.
 
The new deal provides Patrick Terminals with increased operational flexibility to better meet customers’ needs and service the changing supply chain landscape. The new agreement provides Patrick Terminals with the right to recruit at their discretion without restrictive union quotas.
 
Michael Jovicic, CEO Patrick Terminals said, “We are pleased to ...

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