A number of recent events such as a new worldwide wave of COVID-19, natural disasters in China and Germany, a cyber attack targeting key South African ports have conspired to drive global supply chains towards breaking point, threatening the fragile flow of raw materials, parts and consumer goods, according to companies, economists and shipping specialists.

The Delta variant of the coronavirus has devastated parts of Asia and prompted many nations to cut off land access for sailors. That’s left captains unable to rotate weary crews and about 100,000 seafarers stranded at sea beyond their stints in a flashback to 2020 and the height of lockdowns.

Vessel capacity is very tight, empty containers are scarce and the operational situation at certain ports and terminals is not really improving. Meanwhile, deadly floods in economic giants China and Germany have further ruptured global supply lines that had yet to recover from the first wave of the pandemic, compromising trillions of dollars of economic activity that rely on them.

In Germany, road transportation of goods has slowed significantly. In the week of July 11, as the disaster unfolded, the volume of late shipments rose by 15% from the week before, according to data from supply-chain tracking platform FourKites.
Ports across the globe are suffering the kinds of logjams not seen in decades, according to industry players. The China Port and Harbour Association said on Wednesday that freight capacity continued to be tight. A cyber attack hit South African container ports in Cape Town and Durban this week, adding further disruptions at the terminals.

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.

For parts of the world where they are aiming to eliminate Covid, loopholes including maritime workers at container ports, are opportunities for the virus to break through,. They have to eliminate the risk coming off container ships. And if the risk to seafarers isn’t eliminated, then further port shutdowns and global supply disruptions are expected to be continued…

Read more at:

https://economictimes.indiatimes.com/small-biz/trade/exports/insights/global-trade-and-shipping-chaos-faces-a-new-problem-slow-vaccines-for-seafarers/articleshow/84398837.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

https://auto.economictimes.indiatimes.com/news/auto-components/global-supply-chains-buckle-as-virus-variant-and-disasters-strike/84697685

More News
Why US is pushing India to restart Covid vaccine exports
News · 16/09/2021

The United States has been pushing India to restart vaccine exports as it looks to stem the global spread of the Covid pandemic.

READ MORE
Quess Corp launches new vertical to transform healthcare services in India
News · 01/09/2021

Quess Corp, India’s leading business services provider, announced the launch of its new healthcare vertical to address the shortage of healthcare professionals.

READ MORE
China’s Golden Week to trigger new round of void sailings
News · 01/09/2021

The shippers are in for struggle yet another time, with the market buzzing in speculations of liners planning of ‘blank sailing’ during China’s Golden Week holiday in early October to extract maximised profits.

READ MORE
Israel’s COVID-19 vaccine boosters show signs of taming delta variant of coronavirus
News · 01/09/2021

Less than a month into a COVID-19 vaccine booster drive, Israel is seeing signs of an impact on the country’s high infection and severe illness rates fuelled by the fast-spreading delta variant, officials and scientists say.

READ MORE
Blood test can detect more than 50 types of cancer
News · 16/08/2021

Researchers have developed a blood test able to detect more than 50 types of cancer that is accurate enough to be used nationally as a multi-cancer screening test in those at higher risk of the disease, including those aged over 50 with no symptoms.

READ MORE
NUTRICOSMETICS: A Blooming Global Market
News · 16/08/2021

Nutricosmetic is the point at which nutrition and cosmetics meet. The term encompasses the beneficial effects on beauty resulting from consuming nutrients through the use of food supplements.

READ MORE
Amidation of Light Alkanes – High-end Derivatives directly from Natural Gas
News · 16/08/2021

At Last: Separated and Freshly Bound –
Amidation of light alkanes

READ MORE
AstraZeneca (AZ) says its COVID-19 vaccine protects against severe disease caused by variants
News · 02/08/2021

AstraZeneca (AZ) has announced that new real-world data from Canada shows its COVID-19 vaccine – Vaxzevria – was found to be highly effective after one dose against severe disease or hospitalisation caused by the Beta and Delta variants.

READ MORE
EDQM “RTEMIS” pilot project: real-time remote GMP inspections of API manufacturers
News · 02/08/2021

Interruptions to the inspection programme of the European Directorate for the Quality of Medicines & HealthCare (EDQM) due to travel restrictions – made necessary by the COVID-19 pandemic – led to the creation of a system of Real-Time Remote Inspections (RTEMIS).

READ MORE