China's Meishan Terminal Reopens After COVID-19 Infection
The Meishan terminal at the Ningbo-Zhoushan port, the world's third-largest port, reopened Aug. 25 after a two-week shut down, Bloomberg reported. The one terminal constituted around a quarter of the port's capacity and was shut down Aug. 11 after a…
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worker was infected with COVID-19. COVID-related shipping delays have worsened in 2021, making it more expensive to meet record-high demand for Chinese exports, Bloomberg said. For instance, it now costs around a record $11,000 for a container to ship goods from Shanghai to Los Angeles, the report said.