Caixin
Feb 23, 2022 06:02 PM
ECONOMY

Omicron Ripping Through Cargo Ships May Exacerbate Shipping Woes

Container ships at anchor outside the Port of Los Angeles in Los Angeles, California, U.S., on Sunday, Nov. 21, 2021. Photo: Bloomberg
Container ships at anchor outside the Port of Los Angeles in Los Angeles, California, U.S., on Sunday, Nov. 21, 2021. Photo: Bloomberg

(Bloomberg) — Omicron is ripping through cargo ships, raising concerns that a surge in cases, coupled with China’s tightened quarantine requirements for vessels, could delay supply chain stabilization for the shipping industry.

Covid outbreaks are hitting ships globally, with cases increasing “exponentially,” said Francesco Gargiulo, CEO of the International Maritime Employers’ Council Ltd., which represents shipping companies.

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