PUBLISHER: Container News (www.container-news.com)
The largest container carrier in the world, Maersk Line has warned about the potential impact of the electricity challenges in China on the supply chain sector, while major manufacturing areas in China such as Guangdong, Jiangsu and Zhejiang, are subject to electricity rationing measures.
As of today, 20 out of 31 provinces in China are subject to restrictions to various degrees, with Maersk saying that the electricity shortages are caused by a combination of factors, hereunder high coal prices, unpredictable weather patterns and challenges of meeting energy and emissions goals.
The Danish shipping company noted that this situation may cause increased cost, lower productivity levels and delays in delivery.