More Delays

[Roger_N]

More delay to new builds in Japan.

 

https://www.bbc.co.uk/news/business-61403470

 

[ernieb]

The China supply chain is being massively impacted by the ‘zero Covid policy’ or in real life lock everything down. From what I see the immunisation rates are not high and the Chinese vaccine probably not as effective as the ones used in the west. 

[Flatcoat]

43 minutes ago, ernieb said:

The China supply chain is being massively impacted by the ‘zero Covid policy’ or in real life lock everything down. From what I see the immunisation rates are not high and the Chinese vaccine probably not as effective as the ones used in the west. 

The Chinese vaccine is at best 65% effective which is simply not enough to bring the virus under control. Around 10% of the worlds container ships are stuck in Shanghai harbour. It is a nightmare for logistics companies with container contracts which cannot be fulfilled.