Mary Wilson
Well-known member
July 23, 2021 5:02 PM CDT Last Updated 20 hours ago
Jonathan SaulMuyu XuYilei Sun
LONDON/BEIJING, July 23 (Reuters) - A new worldwide wave of COVID-19. Natural disasters in China and Germany. A cyber attack targeting key South African ports.
Events have conspired to drive global supply chains towards breaking point, threatening the fragile flow of raw materials, parts and consumer goods, according to companies, economists and shipping specialists.
The Delta variant of the coronavirus has devastated parts of Asia and prompted many nations to cut off land access for sailors.
... "We're no longer on the cusp of a second crew change crisis, we're in one," Guy Platten, secretary general of the International Chamber of Shipping, told Reuters.
... "This is a perilous moment for global supply chains."
Given ships transport around 90% of the world's trade, the crew crisis is disrupting the supply of everything from oil and iron ore to food and electronics.
German container line Hapag Lloyd (HLAG.DE)described the situation as "extremely challenging".
https://www.reuters.com/business/gl...le-virus-variant-disasters-strike-2021-07-23/
Jonathan SaulMuyu XuYilei Sun
LONDON/BEIJING, July 23 (Reuters) - A new worldwide wave of COVID-19. Natural disasters in China and Germany. A cyber attack targeting key South African ports.
Events have conspired to drive global supply chains towards breaking point, threatening the fragile flow of raw materials, parts and consumer goods, according to companies, economists and shipping specialists.
The Delta variant of the coronavirus has devastated parts of Asia and prompted many nations to cut off land access for sailors.
... "We're no longer on the cusp of a second crew change crisis, we're in one," Guy Platten, secretary general of the International Chamber of Shipping, told Reuters.
... "This is a perilous moment for global supply chains."
Given ships transport around 90% of the world's trade, the crew crisis is disrupting the supply of everything from oil and iron ore to food and electronics.
German container line Hapag Lloyd (HLAG.DE)described the situation as "extremely challenging".
https://www.reuters.com/business/gl...le-virus-variant-disasters-strike-2021-07-23/