Ningbo-Zhoushan Port – the world’s biggest in terms of cargo throughput – also suspended operations on Tuesday night, but has yet to resume activities. Photo: Xinhau
Ningbo-Zhoushan Port – the world’s biggest in terms of cargo throughput – also suspended operations on Tuesday night, but has yet to resume activities. Photo: Xinhau
China trade

China-US shipping rates tumble due to ‘plummeting’ demand despite typhoon disruptions

  • Port of Shanghai and Ningbo-Zhoushan Port were forced to shutdown this week due to Typhoon Muifa
  • Spot rate for sending a 40-foot container from Asia to the west coast of the United States has dropped by 10 per cent in the past week

Ningbo-Zhoushan Port – the world’s biggest in terms of cargo throughput – also suspended operations on Tuesday night, but has yet to resume activities. Photo: Xinhau
Ningbo-Zhoushan Port – the world’s biggest in terms of cargo throughput – also suspended operations on Tuesday night, but has yet to resume activities. Photo: Xinhau
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