Davis Index: Market Intelligence for the Global Metals and Recycled Materials Markets

Docking resumed at China’s Ningbo-Zhoushan port on Wednesday after authorities reopened the container terminal that was closed two weeks ago. The congestion at the port had led to ships being diverted to other Chinese ports, further worsening the situation.


Operations were halted when a worker tested positive for the new variant of COVID-19 at the Meishan terminal, which handles a-fifth of the container volumes at the port.


Authorities directed all units in the zone to do a good job in epidemic prevention and resume work and production, according to the state broadcaster, CCTV.


The news has brought a sigh of relief to shipping lines operating across the globe, who are already struggling with a short supply of empty containers and tight vessel space in busy international routes.

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