Yantian International Container Terminal, which manages southern China’s largest port, in Shenzhen, has announced that operations have been fully restored, as of midnight last night:
- All berths (including the Xigang operation area) have basically resumed normal operations;
- Reservations for entering the gates has been increased to 9,000 vehicles per day, while withdrawal of empty containers is operating as usual;
- Receipt of export heavy containers will return to normal ETA-7 days (that is, seven days before the expected arrival date of the ship).
However, it is not yet disclosed how many containers are awaiting offloading or onloading at the port, which handles a quarter of all goods shipped between the US and China. A report by Week in China quoted business executives as saying the recent lockdown has had a much bigger effect on global trade than the closure of the Suez Canal.