China has been actually trying to curb exports in its steel industry by implementing “export tariffs” (yup, you read that correct – they are *FINING* steel companies are attempting to export their product). WS-one might posit that we’ve had a ‘culture of individualism’ since WWII that has grown inimical to a general societal cooperation ‘system’ required of any great civilization. Only took you 40-50 years to smell that “rat”….maybe ya got Covid way back then? Not the brilliant and utterly talented millennials and their supporting cast, Gen Z. Europe’s Dilemmas !If you have DGR related Ocean shipments. At present, all port areas of Shanghai Port have stopped operations, and the sailing schedule will be notified separately. The home side come . This mega-liquidity suck has mopped up cash amounting to 10 months of QE. Found insideThe best country-by-country assessment of human rights. The human rights records of more than ninety countries and territories are put into perspective in Human Rights Watch's signature yearly report. BigAl-with your permission, i’ll start using that one. Inflation & Devaluation Burma Shave. This pay small dividends in normal times, with disruptions in the supply chain where shortages can by managed by price hikes it pays big dividends. in addition to the USA. About 10% of the labor needed to chain them down showed up. Will the chart look like lumber? I know our wheat and grains do. Supply chains have been stretched to breaking point by a resurgence in consumer demand and shipping delays. Found inside – Page 190When the British- owned SS Anchises approached Shanghai the next day, Nationalist aircraft bombed and strafed her with machine- gun fire. Found inside – Page 221destroyed by fire) during the same period was $2,360,170. ... beans or oil is imported come through reshipment at the ports of Japan or from Shanghai. Because they can. For example, from Los Angeles to Shanghai: $1,461 per 40-ft container (+182% year-over-year). How long will these freight prices need to persist in order for production to return back to the US? Why wouldn’t these be sold back into the shipping market if rates are so very high? !If you have DGR related Ocean shipments, the loading can get postponed or shipments can get delayed due to a fire accident that happened on June 17, 2021 in Shanghai wharf.Connect with us on social media:Instagram: https://instagram.com/usfreightexpresspvtltd?utm_medium=copy_linkFacebook: https://www.facebook.com/profile.php?id=100009302558055Linkedin: https://www.linkedin.com/company/usfreightexpresspvtltdTwitter: @usf_india#indianfreightforwarding #usfindia #usfreightexpress #shanghaiport #fireaccident Most railroad buffs know Chicago is premier railroad capital of America because of the Great Lakes and handles half of all freight traffic in America. Fire was extinguished by Port of Spain Fire Service team, no injures reported. Yes NK, where I am reading the MSM, admittedly not much these days compared to 50 years ago when I read the NYT Sunday edition ( in the SF Bay area ) at least once a month cover to cover for the laughs and giggles, and the ads, it had been mentioned several times; however, as always, taken out of context it did sound possible that one or more blood types had decreased ”odds” of catching covid. One shipping analyst at the time said that it could take up to 60 days for operations at the port to return to normal. I’d be one of the very few who could speak or read English fluently. I smell a whole nest of rats. Found insideRoger Pinneo, who became port manager for Seattle upon his return to the United States from his time in East Asia, established the Shanghai club with much ... I’m not ashamed of what I don’t know ONE FN BIT, and NOBODY should be, ever. June 17, 2021, 3:57 AM PDT Updated on June 17, 2021, 5:33 PM PDT. View All Result Sorry, the COVID has shut down the ports for a little while, and we are prioritizing based on a first come first serve as well as a need base. "SECT (Shanghai East Container Terminal) is the joint venture terminal of APM Terminals and Shanghai International Port Group in Waigaoqiao port area of Shanghai.". And some of it ended up getting spent on goods that are mostly manufactured overseas. In the US, where consumer price inflation is now surging at the hottest rate in years, input prices for companies have exploded, which will further transfer into consumer prices down the road. The Marshallian K indicator is crash flashing, below zero, which is GDP vs M2, which on the face of it is ridiculous. “Ideologies are bad; policies need to be calibrated the facts. We tend to forget we live in an aquarium. 2. The best policy right now would be to simply cool demand a bit (i.e. The home side come . The ship is in a lay-up and undergoing repairs, including wielding works. Commonly, this software uses linear programming where you define the parameters you want to optimize and then solve for the optimization goals you set. Xi extends congratulations on DPRK's 73rd founding anniversary. China's Worse-Than-Suez Ship Delays Set to Widen Trade Chaos. (smaller is better and faster) Using ad blockers – I totally get why – but want to support the site? The Review of Maritime Transport is an UNCTAD flagship publication, published annually since 1968 with 2018 marking the 50 year anniversary. Shanghai come into . Now every jobber seems to have big aluminum trailers and Atco site offices/trailers. Yes, they have been doing this since last year, and it violates US law, and there is an investigation by the Federal Maritime Commission going on because US exporters are having trouble getting containers to export their goods. News for Shanghai Port of Shanghai takes action addressing container shortage Aug. 18, 2021 at 07:01 by Raghib Raza in Container Shipping. I said it 20 years ago when I could see it in high school … we have fallen behind in education so much that eventually we would have a huge problem with a large portion of the population being morons. Read into the implications of my speculation whatever you like. Friday, September 24, 2021 , 10:49 am. Kudos! Greed I would say mainly. Accelerating into the crapper Bad. The hypocrisy of it all is insane to me. Some of the chips are cheap, but normalized by freight volume, they are still expensive. But the ship was loaded so all those Singapore containers would be offloaded before the vessel went to Korea, so now they have to figure out how and where they’re going to get the cargo that’s stacked below the Singapore load off, and where to find room for the stuff that was supposed to fill that space that’s now sitting on the dock in Singapore for Korea, Japan, Okinawa, and the Philippines. And it’s getting more expensive. It’s likely where MB found out about it and then looked it up. Singapore’s jacked up, let’s divert the load to Korea. That about sums up the relational values of US>>CHN trade and the importance that the CCP will attach to US demands of being treated as VIP partner in their trade relations. China can increase prices of their products and the west can do nothing about it but suffer from inflation. Although some poor bastards would still be in Vietnam. Good excuse to throw away my Christmas shopping list. is disingenuous ….kinda like his “stable prices” dodge. The 90s were a lot different. The federal Liberals are throttling oil and gas production as best they can. I wish there were “lots” of containers available. The carriers don’t want to run the smaller ships, so they jack up the rates. The SHANGHAI Port information gathered by MarineTraffic includes, wind forecasts and real-time updates for vessels in the Port of SHANGHAI. Shanghai Port welcome Wuhan FC to the Shanghai Stadium on Monday for round 13 of the Chinese Super League. The terminal service was suspended for about 2 hours and resumed normal operations immediately after . Classic Metal Roofing Systems, the leader in fire safe roofing for residential applications, manufactures products that are 1/20 the weight of most tile products and eligible for Class A, B, or C fire ratings as determined by roof preparation. But these sorts of disruptions – if repeated – do move the needle in terms of corporations moving at least some capacity out of China. BA There is already enough shipping chaos, logjams, container port congestion, rail terminal congestion, container shortages, delays of all kinds, along with various shortages, including the semiconductor shortage that has wreaked havoc in the auto industry and consumer electronics, amid surging consumer prices and exploding transportation costs across the spectrum as an overstimulated economy is grappling with a supply chain nightmare. Figurately speaking, that ship has sailed. Brick & Mortar I like people who never stop learning. Container Port Chaos in China, Soaring Freight Rates, Spiking US Producer Prices, as Fiscal & Monetary Stimulus Still Rage by Wolf Richter • Aug 12, 2021 • 146 Comments Some disruptions are "transitory," but the spiral that the mix of ongoing over-stimulation has set off is anything but "transitory." Container carriers rerouted vessels and told customers of long delays, as other ports couldn't handle the . Mid Mountain Materials Inc. GLASS FIBER CLOTH Bill of lading: 2021-05-05 Fire Co., Ltd. Acmetex Inc. GLASS FIBER CLOTH Bill of lading: 2021-05-05 Fire Co., Ltd. Acmetex Logistic Warehouse GLASS FIBER CLOTH . Brilliant. BH This mix contributed to the beginning of an inflation spiral. As “the system” keeps failing, we will all be getting our own education. By the way, rates have tripled because COVID and we need to keep our citizens safe. The marketing/advertising/PR people call it, “capturing your imagination”, or used to. Who takes advice from a man who plays different sounds when he says up/down? Out of sight out of mind as you buy that cheap squeaky toy for your dog made out of petroleum based plastics. Jobs You can just place an order from a Chinese manufacturer. Thanks for explaining that “history test”, MB. Your imagination is getting the best of you. Loading them is incredibly complicated due to a dozen different factors of which balancing the ship is only one. A typhoon that swept its way through East Asia is now forcing two of the world's busiest ports in China to suspend some operations. I read an article on Freightwaves the other day that said actual volume of shipped goods is only up a tiny amount (2%) over 2019, and theoretical shipping capacity has actually increased since then. Based on recently taken . china is waiting though they don’t need taliban since the belt and road go thru friendly pakistan. Container Port Chaos in China, Soaring Freight Rates, Spiking US Producer Prices, as Fiscal & Monetary Stimulus Still Rage by Wolf Richter • Aug 12, 2021 • 146 Comments Some disruptions are "transitory," but the spiral that the mix of ongoing over-stimulation has set off is anything but "transitory." The Covid story has a long, long way to run before ‘all’ the dust settles. Who comes up with this stuff? Since the outbreak of the Covid-19,Evolution invested totally 15 million RMB on safety . I used to do lots of welding and fab work and it would be very very expensive to build containers. A typhoon that swept its way through East Asia is now forcing two of the world's busiest ports in China to suspend some operations. Companies & Markets In The Last Kings of Shanghai, Jonathan Kaufman tells the remarkable story of how these families ignited an economic boom and opened China to the world, but remained blind to the country's deep inequality and to the political turmoil on ... This is the second meeting between the two sides this . Detailed information for Port of SHANGHAI, CN SHG. Freedom’s just another word for nothing left to lose. Shanghai - APM Terminals. The suspension will be in force until 2 July, and follows the most recent fire on 17 June, giving officials time to develop measures to improve the safety of transporting such cargo. Geez. IMO companies are expert at “fudging” earnings over a few periods to avoid this problem. But moving around supply chains for heavier industrial work is a big project. I think conspiracy is very popular because if you can just wrestle control from “them” then you are back in business. If you have a highly optimized supply chain, it seems to me a massive disruption, like Covid, just in the shipping area alone, could blow up your cost structure, depending on your margins and thus, crush earnings. The Index of Inferred Freight Rates by the Cass Freight Index, which covers all modes of transportation soared by 23.8% ear-over-year, the biggest jump in the index going back to 2009, showing “broad and material increases in freight rates across modes,” according to Cass. But with a longer term disruption like Covid that might not be possible to sustain. Vehicles other than railway, tramway: $105.16B You can’t make society green overnight without major tradeoffs of quality of life. Optical, photo, technical, medical apparatus: $83.40B I figured they all must have had “my pillows” and sea urchin gonads, or were just empty. https://images.search.yahoo.com/search/images;_ylt=Awr9H6kLuhphZUUAoAZXNyoA;_ylu=Y29sbwNncTEEcG9zAzEEdnRpZAMEc2VjA3Nj?p=barry+goldwater+christian+quote&fr=yfp-t-s#id=2&iurl=http%3A%2F%2F3.bp.blogspot.com%2F-zx8N6z7EPq0%2FVlRxOR9BxwI%2FAAAAAAAD338%2FA-CKpBUOAfw%2Fs1600%2F12243472_1216135381736130_7563452214298865053_n.jpg&action=clic. Found inside – Page 31Chinese Produce Exported to Chinese Ports and Foreign Countries . ... 76 88 75 3,039 2,021 5 1,079 101 2 20 18,200 338,149 5,094 404,047 20,114 8910 II . Cricket fighting: A 1,500-year-old hobby still attracts modern fans . The Fed absorbs excess cash through RRP? Somebody has to still do the dirty work. There isn’t. They came from a hyper stimulated economy, to a large extent in the US, where the government and the Fed threw many trillions of dollars in all directions that then needed a place to go. When you print and spend $4 trillion, it’s got to be produced and shipped by somebody. It’s not the 1 or 2 dock workers they’re worried about. Marketing and sales Depts ruled here, still FN does. People want to believe in the easier fix. I am thinking instead of presents this year, we should all just exchange $20 bills back and forth. NK Shanghai News.Net. Also Jap junk was no longer Jap junk….they got VERY good at things we SHOULD have used our Cap-ex for. The mega-terminal accounts for about 25% of the port’s traffic. Located in the national Zhangjiagang Economic Development Zone (Green Industrial Park), 30 km away from Zhangjiagang port and 100 km away from Shanghai port, it has good . Some 14 people remain missing after the incident, as the tanker caught fire after the collision, while the cargo ship sank. Rail Terminal Congestion Peaks Due to Equipment Shortage and High Demand. We can make the chips here but the product they are going to in the middle is far far away. This is all controlled demolition of world economies. So retail better wake up and quit buying going to be a consumer revelation when prices get to high inventories at bottom fishing prices can,t wait, ‘This is the second major port disruption in three months in China. Market Update: September 1st, 2021. At its strongest, before it made landfall in the Philippines, Chanthu was one of the strongest storms this year. All 2013. Making a good stable puppet state “In Our Image” hasn’t been done yet, that I know of. China wants to export high value merchandise. ‘…don’t raise the bridge, lower the river…’. Covid outbreak in Yantian export terminals slow . I have deleted no such comment. . i think that it is exactly the situation. The effort it takes to move fresh vegetables to Hawaii, or salmon to Plovdiv, or even flour to Niger is extensive. 'Shanghai Center Building') is a 128-story, 632-meter-tall (2,073 ft) megatall skyscraper in Lujiazui, Pudong, Shanghai. Congestion at container shipping ports in southern China is worsening as authorities step up disinfection measures amid a flare-up in COVID-19 cases, causing the biggest backlog since at least 2019. Container ships balled up off Shenzhen and Hong Kong, waiting to pick up containers bound for North America, Europe, and other parts of the world, causing all kinds of disruptions in China’s factories and supply chain headaches overseas. “If the USA had a decent education system…”. Detailed information for Port of SHANGHAI, CN SHG. June 17, 2021, 3:57 AM PDT Updated on June 17, 2021, 5:33 PM PDT. Shipping News Alert‼17.06.2021, Shanghai - ChinaDangerous Goods Handling is suspended for a while in Shanghai Port !! The Shanghai International Port Group said in a statement that . In terms of $ value, the vast majority of US exports are NOT ag products. no more stimmies). An oil tanker and a cargo vessel have collided off the coast of Shanghai, China. He had the best people. Re “If the USA had a decent education system”, Or a culture of individualism in which people didn’t assume that “the system” was sufficient in any way, and educated themselves…. Hope you aren’t one of those people who want a FN holy war, like a 2016 campaign strategist who unfortunately was really good at splitting this country on STUPID issues. Yes they need them in the automobile. Then you factor in labor, and realize just how bad it’s getting. Now the dumbest ideas get as much or more recognition when they used to just be some town idiot with one or two other idiots that liked them….now they have 5M followers. Shanghai authorities have suspended the land transport of containerised non-essential dangerous goods after two recent fires in the port. At present, all port areas of Shanghai Port have stopped operations, and the sailing schedule will be notified separately. Shanghai port caught fire, shipment will delay. I was thinking the same thing. KGC-thanks for the spearpoint dispatch. There are, I am quite sure, millions more to replace that person on a moment’s notice. Stupid but certainly intentional…. I used to see lots of adds for container rentals for work site storage, etc. That would be better than the current crooks remaining in power by their nails just to steal more, like US banksters. See our, fire safe roofing for residential applications, ← Social Security COLA for 2022 Could Be Biggest since 2009 or even 1982, But Won’t Cover Cost Increases for Many Retirees, Debt Ceiling Kicks in, Treasury General Account Plunges: Let’s See How Close to Zero it Gets Before Congress Ends this Farce →, Unfinished Houses for Sale Pile Up, Total Inventory Highest since 2008, amid Material Shortages & Worst Spike in Construction Costs since 1979, As Overnight Reverse Repos Spike to Record $1.28 Trillion, Fed Doubles Per-Counterparty Limit, Keeps Adding Counterparties, Home Sales Fall from Year Ago, Prices Down for 2nd Month, Price Reductions Jump: This “Deceleration” Despite Massively Negative Real Mortgage Rates, China’s Crackdown on Debt, Tech & Evergrande Sends Frazzled Wall Street Titans to China, THE WOLF STREET REPORT: China’s Crackdown on Debt, Tech & Evergrande Sends Frazzled Wall Street Titans to China, To Los Angeles: $10,322 (+241% year-over-year), To New York: $13,505 (+285% year-over-year). Enjoy reading WOLF STREET and want to support it? Industry is willing to train but not to teach the 3 R’s. Shipping News Alert‼17.06.2021, Shanghai - ChinaDangerous Goods Handling is suspended for a while in Shanghai Port !! Rat? My point is that China cannot *indefinitely* perform these sorts of interventions that lead to such disruptions before transnationals, as well as smaller companies that perform contract manufacturing in China, start to spread their manufacturing operations outside of China. Cramer is the symptom. The Vietnam War caused most all that 70’s “bookkeeping mess”. One thing is for sure: it wasn’t the MSM. Wealth inequality is THE economic problem globally. The Shanghai International Port . Machinery, nuclear reactors, boilers: $182.59B The just in time principle on all goods and trimming of all stocks to the bare minimum may be part of the reason for the price hikes. 0. Speaking of China’s shipping problem, it is a very nice subtle way of reminding people who is in charge. Cargo ship ZHUO HANG 6 while proceeding upstream in Huangpu river near scenic waterside Bund, Shanghai, on Sep 22, went out of control and struck the embankment, scaring people who've been taking a walk along picturesque riverside.

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