Chinese New Year 2021 falls on February 12th the holiday may only last 7 days on the calendar, but the disruption it causes in manufacturing could last up to 40 days!
It’s very common for factory workers in China to work until Chinese New Year to receive their end of the year bonus, then go home and never return to the factory! CNY 2021 Factory Shutdowns will be worse because of Covid | Titoma
This year, with life almost back to normal across large swathes of the country, the number of trips made is expected to increase to 1.7bn Chinese New Year: Chinese New Year: Clamping down on going home for the holidays BBC News
Clamping down on going home for the holidays BBC News At this stage, shipping before Chinese New Year is proving to be a challenge even if we get space on the vessel, the equipment is available, and the factory is still open and ready to send a shortage of truckers means we are struggling to transport the container to your supplier!
There is hope of more stability after Chinese New Year as aggressive repositioning of empty containers to China comes to fruition. Chinese New Year period could prove to be a turning point for container availability Container shortage Chinese New Year set to be a turning point (seatrade-maritime.com)
Closer to home, Brexit continues to dominate the shipping headlines with suspension of services across the industry. DB Schenker, DHL Express and DPD - Europe’s largest network for collating and distributing palletised goods - has informed customers it won’t accept consignments for the EU via its portal for 7 days Palletways the latest operator to suspend its UK-EU road services - The Loadstar
Troubled waters: another loss at sea reminds us of the importance of insuring. The Maersk Essen was midway across the Pacific Ocean when it lost 750 containers on January 16. As well as the containers lost overboard during the storm, many have collapsed and been damaged and will need to be removed and repositioned. At AAI we offer comprehensive coverage, contact us for further information 750 boxes fall off Maersk ship during another Pacific storm - Splash247
Importers were spared the worst impacts of the introduction of new low-sulphur fuel regulations last year due to a collapse in the price of oil following the outbreak of the coronavirus pandemic. But as the economic recovery continues and demand for oil returns, alongside cuts by major oil producing countries such as Saudi Arabia, low-sulphur fuel surcharges are on the rise again Shippers warned to prepare for bunker surcharge increase - BIFA