Chinese authorities have partially closed the world’s third busiest container port, Ningbo, as one of its employees contracted the coronavirus. About it informs Bloomberg.
According to the city authorities, all inbound and outbound container traffic at the Meishan terminal in the port of Ningbo Zhoushan has been suspended until further notice due to a “system failure.”
All persons in contact with the infected port worker have been identified and registered. They are now in quarantine.
The closed terminal accounts for about 25% of containerized cargo passing through the port. Security consultant GardaWorld estimates that the suspension of operations could seriously affect cargo handling and shipping.
The agency notes that this is the second closure of a Chinese port due to the coronavirus in recent years. At the end of May, the Yantian port in Shenzhen was closed for about a month, which led to the accumulation of goods in factories and warehouses. In addition, the situation inflated freight rates, which are still at record levels and are a source of inflation in China.