The average waiting time for a container vessel is now 31 hours at the Shanghai Port, down from a peak of 69 hours in late April. Photo: Xinhua
Shanghai reopening: world’s biggest port reaps benefits of higher freight rates as exporters get back on their feet after lockdown
- Most major shipping lines have made plans to return to Shanghai’s ports, looking to secure orders from exporters getting back on their feet after lockdown
- Shipping industry officials say it was not until this week that a large volume of imported and exported goods finally flooded the terminals
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The average waiting time for a container vessel is now 31 hours at the Shanghai Port, down from a peak of 69 hours in late April. Photo: Xinhua
