Insiders Expect Container Shortage at Chinese Ports Amid Red Sea Crisis
After the Red Sea crisis forced ships to extend their routes around the Cape of Good Hope, industry insiders have expressed their concerns about a possible empty container shortage at Chinese ports after the Chinese New Year holiday. The Red Sea crisis not only affects transportation in local waters but also impacts the global shipping industry and supply chains, Chen Yuanhan, vice president of C. H. Robinson North Asia, told Yicai, adding that the ripple effects are just beginning to show. Circumnavigating Africa increases the cost and time of cargo ...
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