Port of Los Angeles Executive Director Gene Seroka revealed how China’s COVID lockdowns have impacted cargo shipments at his port.
Port of Los Angeles Executive Director Gene Seroka explains that the lockdowns have led to 'impacts across the board.'
In March, the number of bulk cargo ships waiting at anchor to enter Chinese ports increased to 600 to 700 from 500, which is up 20% to 40% compared to the two prior months, the Associated Press reported this month, citing an S&P Global Market Intelligence report.
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