BACOLOD CITY––Three seafarers, who escaped from what they described as hell-like working conditions on a Chinese fishing vessel, returned to this city on Tuesday, April 19.
The container shipping industry could see a “very strong” pickup starting late April as the Covid situation in China eases, Tim Huxley, founder of Mandarin Shipping, told CNBC’s “Street Signs Asia” on Monday.
AP Moller-Maersk A/S, one of the biggest shipping lines in the world, has stopped bookings to ship refrigerated containers into Shanghai as a strict Covid lockdown stalls the trucking of meat and seafood from the port into the city.
While the world’s largest container port remains operational it is becoming increasingly congested, as trucking is severely constrained and warehouses closed since late March.