Podcasts Other The Mike Hosking Breakfast Simon Beale: Cargo Owners Representative says shipment delays are hitting NZ hard

Simon Beale: Cargo Owners Representative says shipment delays are hitting NZ hard

Published: Aug. 29, 2022, 11:56 p.m.

Shipment delays to Oceania are on the rise and hitting New Zealand hard according to an international logistics company.

Project44 data comparing pre-Covid 2019 to the third quarter of 2022, shows shipment delays from china to new Zealand jumped a whopping 6764 percent.

Representative of the NZ Council of Cargo Owners Simon Beale tells Mike Hosking that lockdowns in China have contributed to the rise in shipping delays.

\u201cWe\u2019ve had major issues here again with the lockdowns in Shanghai, where we had the first lot of products in and out of other ports- while they have lockdowns, there are a lot of containers that aren\u2019t available to be used in other regions as well, your capacity gets restricted .\u201d

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