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Global supply chain disruption due to COVID to continue into 2022

Tamara Rebeira by Tamara Rebeira
4 months ago
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Global supply chain disruption due to COVID to continue into 2022
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Global supply chain disruption and shortages caused by the Covid pandemic are set to continue well into 2022, according to a report.

Digital supply chain experts project44 say average delays on shipping from China to Europe rose to 6 days in December, after falling for months.

Delays on routes from China to the west coast of the US have also been increasing steadily since October.

Congested ports and production delays have disrupted schedules for months.

“Delays are likely to continue well into 2022,” project44 said, “as Covid breakouts continue throughout supply chains and consumers continue to buy at a healthy rate.”

The report said Covid continues to have a huge impact on global trade, as shipping costs have soared, delays have become routine, and empty shipping containers across the world are in the wrong place.

It means the number of blank sailings – when container ships cancel routes or miss out ports on their normal schedule – has been increasing.

“Blank sailings will continue well into 2022, as ports work down backlogs and consumer spending remains strong,” said Josh Brazil, vice president of supply chain data insights at project44.

BBC

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India & SL discuss loan facility for essential commodities
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