Global supply fears as China partly shuts major port over Covid
Services were shut on Wednesday at a terminal at Ningbo-Zhoushan port after a worker was infected with the Delta variant of Covid-19
The partial closure of one of China's biggest cargo ports due to the coronavirus has raised fresh concerns about the impact on global trade.
Services were shut on Wednesday at a terminal at Ningbo-Zhoushan port after a worker was infected with the Delta variant of Covid-19, reports the BBC.
Ningbo-Zhoushan in eastern China is the world's third-busiest cargo port. The closure threatens more disruption to supply chains ahead of the key Christmas shopping season.
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Closing the terminal on Meishan island until further notice will cut the port's capacity for container cargo by about a quarter.
It comes as the cost of shipping from China and South East Asia to the East coast of the US has already hit a record high, according to the Freightos Baltic global container freight index.
