Container availabilty slumps in Southern China ports with Covid lockdowns

Ports in southern China impacted by Covid-19 lockdowns that are further disrupting the global box trade have seen a significant slump in container availability in the last two weeks, according to the latest data from Container xChange. Pearl River Delta port productivity has slumped in recent weeks with container lines citing positive Covid-19 cases for slowing productivity.
Yantian and Shekou ports, near Shenzhen, and Nansha port, part of the Guangzhou box hub, have been most affected. All three have seen significant drops in container availability in the last two weeks, according to Container xChange, the world’s leading online platform for the leasing and trading of shipping containers.
“Far few empty boxes are arriving back to southern China as container lines skip calls and many shippers will likely face long delays or higher prices for equipment if they can’t avoid using the affected ports,” said Dr Johannes Schlingmeiner.
Yantian saw a 19% drop in incoming containers between Week 17 and last week (Week 22). Nansha’s drop in incoming containers over the same period was 16.4%, while at Shekou the plunge was 29.6%.