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Global Gateways: Page 79

Massive China Port Shutdown Raises Fears of Closures Worldwide
The Port of Los Angeles is bracing for a decline because of the latest shutdown at the Ningbo-Zhoushan port in China.
Photo: Bloomberg
Once the World’s Busiest Port, London Aims to Revive Its River Trade Roots
As three national lockdowns boosted online shopping over the past 18 months in the U.K., the demand for port services like warehousing and distribution closer to population centers has taken off.
0812 London1
China Typhoons Pose Latest Supply Chain Threat as Ports Shut
Extreme weather in China is becoming the latest challenge to global supply chains, as a heavy typhoon season threatens to further delay goods stuck at some of the world’s busiest container ports.
Photo: Bloomberg
Brazil’s Water Crisis Adds to World’s Supply Chain Misery
Drought is making one of Brazil’s most important river systems unnavigable, making it more challenging and costly for the commodities powerhouse to get grains and iron ore out to global markets.
1114 Soy Trade
Senate Moves Forward on $550 Billion Infrastructure Deal
The 67-32 procedural vote doesn’t guarantee that the package of spending on physical infrastructure will pass the Senate, but is a good indication that it may have enough support.
The U.S. Capitol in Washington, D.C. Photo: Bloomberg.
Top Coffee, Sugar, Soy Ports Hunt Climate Clues to Stem Risks
As Brazil contends with its worst drought in almost 100 years, its ports and their regulator are intensifying efforts to quantify the risks of climate change for the nation’s sea hubs.
0215 Coffee
U.S.-China Trade Booms as If Virus, Tariffs Never Happened
China and the U.S. are shipping goods to each other at the briskest pace in years, making the world’s largest bilateral trade relationship look as if the protracted tariff war and pandemic never happened.
Photo: Bloomberg
Port Chief Sees U.S. Import Surge ‘Easily’ Lasting Into 2022
Congestion from an influx of goods continues to overwhelm port terminals, exhaust warehouse space and strain transportation connections like trucks and rail depots.
Shipping containers are stacked at the Port of Los Angeles. Photo: Bloomberg.
Container Rates to U.S. Top $10,000 as Shipping Crunch Tightens
Container shipping rates from Asia to the U.S. and Europe increased to new record levels over the past week, ensuring transportation costs will stay elevated for companies heading into a peak season for rebuilding inventories.
Port of Long Beach in Long Beach, California. Photo: Bloomberg.
Slow Vaccines for Seafarers Could Worsen Global Shipping Chaos
Global vaccinations of seafarers are going too slowly to prevent outbreaks on ships from causing more trade disruptions, endangering maritime workers and potentially slowing economies trying to pull out of pandemic slowdowns.
Crew transfer at Tanjong Pagar Terminal in Singapore. Photo: Bloomberg.
Suez Ship’s Owner Braces for ‘Thousands’ of Legal Claims
The owner of the Ever Given — the cargo ship that blocked the Suez Canal for almost a week, hampering global trade and roiling markets — expects to be hit with “many hundreds or thousands” of legal claims.
The Ever Given container ship departs the Suez Canal in Egypt on July 7. Photo: Bloomberg.
Egypt Waves Goodbye to Suez Canal Saga With Payoff and a Party
For a nation that provides safe passage for so many ships through its waters, Egypt is reserving rather special treatment for the Ever Given.
The Ever Given container ship stuck in the Suez Canal. Photo: Bloomberg.
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