The U.S. "Smuggling Ships" Exacerbated the Supply Chain Crisis

Under the epidemic, the demand for international container transportation has increased, and container ports in the United States have seen "shipping jams".

Lin Xuanwu, chairman of the Hong Kong Shippers Committee, stated on the Hong Kong and Taiwan program "Millenniums" today (25) that there is a shortage of inventories in Europe and the United States. There are currently more than 90 ships waiting to berth on the west coast of the United States, reflecting the decline in the turnover of cargo ships. As Europe and the United States are no longer building new terminals, he expects that the situation will continue for 5 to 6 years.

The picture shows the cargo ships waiting in line outside the ports of Los Angeles and Long Beach in the United States on October 1.

(Reuters)

The epidemic in many Southeast Asian countries seriously needs to stop production and increase inventory shortages

Lin Xuanwu, chairman of the Hong Kong Shippers Committee, pointed out that the demand for containers had been reduced at the beginning of the outbreak. However, with the start of vaccination at the end of last year, there was a shortage of inventory in Europe and the United States. Due to the Sino-US trade war, some warehouses were transferred to Southeast Asia to help. Alleviate the situation, but due to the current severe epidemics in many Southeast Asian countries, it is necessary to stop production.

There are many ships, large volumes, and dockless cargo ships' turnover rate has dropped sharply

He pointed out that in the past, an average of more than 70 cargo ships would return to Asia from Europe and the United States. At present, there are only more than 20 ships on average. At present, there are more than 90 ships waiting to berth on the west coast of the United States.

He pointed out that because Europe and the United States no longer build new terminals, only China has built new terminals in the past 5 to 10 years, while the world's top ten shipping companies continue to purchase new cargo ships, and the vessels are getting larger and larger, and the throughput is also increasing. The increase means that Europe, the United States and other places cannot accept China's cargo volume.

The global shortage of 750,000 truck drivers Lin Xuanwu: Doesn't it happen by magic?

He also pointed out that even if the terminal operates 24 hours a day, there may not be enough truck drivers to transport goods, and there is a shortage of 750,000 truck drivers in the world: "It's not magic." He pointed out that air transportation can help deliver high-priced goods. , But the cost of low-priced goods is too high, and there is no solution in the short term.

US President Biden announced on October 13 that the two largest ports in the United States, the Port of Los Angeles and the Port of Long Beach, will operate 24 hours a day, 7 days a week, to solve the problem of port cargo congestion.

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