Chemicals shipping nightmare continues with no end in sight | Hellenic Shipping News Worldwide

Everything is blocked in China… it’s going to have huge repercussions,” said a chemicals trader source.

Logistics are so volatile at present that prices are being hiked in some cases after a deal is agreed, according to the source, with thousands of dollars being added to the price with no notice on some occasions.

The resurgence of coronavirus cases in India, and fears over the Delta variant’s capacity to evade vaccine protections, have further disrupted trade, with some vessel operators avoiding the country due to fears of crew infection, and because of stricter quarantine measures imposed on ships that have docked there, according to a shipping source.

Chemicals shipping nightmare continues with no end in sight | Hellenic Shipping News Worldwide