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Another shipping crisis looms on Covid fears in southern China

First, it was a critical shortage of shipping containers due to the pandemic.

Then came a massive blockage in the Suez Canal.

  • Weizhen Tan @WEIZENT
  • CNBC

Now, businesses and consumers are bracing for yet another shipping crisis, as a virus outbreak in southern China disrupts port services and delays deliveries, driving…

The Chinese province of Guangdong has faced a sudden uptick in Covid-19 cases.

Authorities have moved to shut down districts and businesses to prevent the virus from spreading rapidly.

That’s causing massive shipping delays in major Chinese ports, and jacking up already-high shipping costs as waiting times at berth “skyrocketed,” according to analysts and those in the…

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