Shipping congestion in ShanghaiIndustry fears serious consequences
German industry is bracing itself for potentially serious consequences due to a shipping jam at the world's largest container port in Shanghai. The port's export volume is estimated to have fallen by around 40%.
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<p>The "MarineTraffic" app can be seen on a smartphone monitor, showing the positions of cargo ships (green) off the port of Shanghai. IfW evaluations of ship movements at Chinese ports have shown that exports from the port of Shanghai have collapsed in recent days and are around 30% below the development of other ports in China. Due to new coronavirus infections, Shanghai has been largely in lockdown since the end of March.</p> © MarineTraffic/dpa