China COVID Lockdowns Affecting Shipping/Production

The lockdowns in Shanghai have been extended with new lockdowns in Haining, a major production region in Zhejiang Province in response to new COVID outbreaks. With no trucks available because of the lockdown, the Port of Shanghai, the largest port in the world, is essentially shut down, with many carriers blanking sailings to Shanghai. TGA is also hearing about problems at the Port of Ningbo. And Shanghai’s airport remains essentially shut down.