The Shanghai International Port Group said in a statement that some terminals in Shanghai Port, the world’s busiest port by cargo volume, either stopped operating on Sunday evening or would do so on Monday in anticipation of Typhoon Chanthu.
Nearby Ningbo-Zhoushan Port
, the third busiest in the world after Singapore, discontinued operations at several terminals, also, according to separate announcements from those terminals.
Chanthu has weakened significantly since colliding with the Philippines and later Taiwan over the weekend. At its strongest moment, before entering the Philippines, Chanthu was one of the strongest storms this year. Its steady winds of 260 kilometers per hour (160 mph) were equivalent in strength to a Category 5 Atlantic hurricane at its peak.
While not as strong as it was a few days ago, the typhoon has already caused major disruptions in the Shanghai area with its approach. Shanghai and adjacent Zhejiang province have canceled most flights and suspended school and train services.
Port disruption comes at the worst time for global trade. Supply chains have been extended to the breaking point by a resurgence of consumer demand and transportation delays. A recent coronavirus resurgence in China exacerbated a waste load at major Chinese ports, contributing to the ongoing crisis.
Last month, for example, a terminal in Ningbo-Zhoushan Port was closed for two weeks after a bank employee tested positive for Covid-19. A transport analyst at the time said it could take up to 60 days for port operations to return to normal.
The cost of shipping goods from China to Europe and North America has risen, and companies are reporting significant delays in receiving orders as they try to book before the end-of-year holiday shopping season.
The mention sources can contact us to remove/changing this article
What Are The Main Benefits Of Comparing Car Insurance Quotes Online
LOS ANGELES, CA / ACCESSWIRE / June 24, 2020, / Compare-autoinsurance.Org has launched a new blog post that presents the main benefits of comparing multiple car insurance quotes. For more info and free online quotes, please visit https://compare-autoinsurance.Org/the-advantages-of-comparing-prices-with-car-insurance-quotes-online/ The modern society has numerous technological advantages. One important advantage is the speed at which information is sent and received. With the help of the internet, the shopping habits of many persons have drastically changed. The car insurance industry hasn't remained untouched by these changes. On the internet, drivers can compare insurance prices and find out which sellers have the best offers. View photos The advantages of comparing online car insurance quotes are the following: Online quotes can be obtained from anywhere and at any time. Unlike physical insurance agencies, websites don't have a specific schedule and they are available at any time. Drivers that have busy working schedules, can compare quotes from anywhere and at any time, even at midnight. Multiple choices. Almost all insurance providers, no matter if they are well-known brands or just local insurers, have an online presence. Online quotes will allow policyholders the chance to discover multiple insurance companies and check their prices. Drivers are no longer required to get quotes from just a few known insurance companies. Also, local and regional insurers can provide lower insurance rates for the same services. Accurate insurance estimates. Online quotes can only be accurate if the customers provide accurate and real info about their car models and driving history. Lying about past driving incidents can make the price estimates to be lower, but when dealing with an insurance company lying to them is useless. Usually, insurance companies will do research about a potential customer before granting him coverage. Online quotes can be sorted easily. Although drivers are recommended to not choose a policy just based on its price, drivers can easily sort quotes by insurance price. Using brokerage websites will allow drivers to get quotes from multiple insurers, thus making the comparison faster and easier. For additional info, money-saving tips, and free car insurance quotes, visit https://compare-autoinsurance.Org/ Compare-autoinsurance.Org is an online provider of life, home, health, and auto insurance quotes. This website is unique because it does not simply stick to one kind of insurance provider, but brings the clients the best deals from many different online insurance carriers. In this way, clients have access to offers from multiple carriers all in one place: this website. On this site, customers have access to quotes for insurance plans from various agencies, such as local or nationwide agencies, brand names insurance companies, etc. "Online quotes can easily help drivers obtain better car insurance deals. All they have to do is to complete an online form with accurate and real info, then compare prices", said Russell Rabichev, Marketing Director of Internet Marketing Company. CONTACT: Company Name: Internet Marketing CompanyPerson for contact Name: Gurgu CPhone Number: (818) 359-3898Email: [email protected]: https://compare-autoinsurance.Org/ SOURCE: Compare-autoinsurance.Org View source version on accesswire.Com:https://www.Accesswire.Com/595055/What-Are-The-Main-Benefits-Of-Comparing-Car-Insurance-Quotes-Online View photos