Abstract
The global spread of the pandemic has led to the stop of various industries, the shutdown of enterprises, the unemployment of workers and other problems. Recently, one of the issues that have aroused widespread global concern is the problem that the international shipping prices represented by the trans Pacific route continuously rising. This is the apparent performance of the global shipping supply chain interruption and brings interruption to the global supply chain. International shipping is a barometer of the international economic. The reasons behind the sharp rise in shipping prices are complex and diverse. The labor shortage under the pandemic is the root cause of low operation efficiency. The serious shortage of export containers in Asia is the direct cause of demand exceeds supply. The imbalance of international trade is the internal reason for the increase in demand. In addition, there are additional reasons such as the congestion accident in Suez Canal. In order to deal with this situation, each governments use policies, decrees and other measures to intervene moderately on the basis of the market power to restore balance for hoping to recover as soon as possible. But some international organizations related to this issue hold the opposite attitude. Shipping operators have interests directly relevant should reasonably dispatch all available transport capacity to meet demand, rationally treat and make use of short-term high profits and actively cooperate in the face of national survey, review and supervision. The problem of global shipping supply chain interruption needs to be solved jointly by all parties and strengthen pandemic control then solve the problem from the source, to release the delayed transportation efficiency as soon as possible to restore the global shipping supply chain and promote the recovery of the world economy.
Highlights
1.1 Price Sharp Increase Triggered by Container CrisisAt present, faced with the profound changes in the global economy, the global supply chain and trade pattern are undergoing profound adjustment brought by the interruption of global logistics, especially shipping supply chain
The supply chain interruption triggered by the global pandemic ignited a global shipping crisis which was mainly reflected in the soaring freight rates caused by the shortage of available containers
The report on China Shipping Prosperity Index in the fourth quarter of 2020 released by Shanghai International Shipping Institute points out that more than 90 per cent of container transportation enterprises say that the problem of container shortage will last for three months or more, of which 25 per cent of container transportation enterprises say that the problem of container shortage will last for half a year or more. 2021 has entered the second half of the year, this problem has not been solved or even greatly alleviated
Summary
At present, faced with the profound changes in the global economy, the global supply chain and trade pattern are undergoing profound adjustment brought by the interruption of global logistics, especially shipping supply chain. The supply chain interruption triggered by the global pandemic ignited a global shipping crisis which was mainly reflected in the soaring freight rates caused by the shortage of available containers. Otherwise, when China suffered available export empty containers crisis Auckland port in New Zealand has a backlog of nearly 6000 empty containers that cannot be transported away, 10000 to 15000 containers are stranded in California of the United States and the number of empty containers in Australian ports is more than 50000.The root cause is that the core of this problem lies in the imbalance of global trade amplified by the global pandemic. The interruption of the supply chain may cause enterprises to stop production due to the shortage of raw materials, the shortage of market commodities with stagnant commodity transportation could result in rising prices which will cause losses to global trade and the subsequent world economy. The manufacturer may not have a clear shipping date and schedule for half a year
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