Chinese New Year – Market update III

Although the SCFI freight indicators on SHA-RTM continue to rise by around 3%, some of the major carriers are beginning to project market demand to soften after CNY.

Chinese New Year – Market update II

The Ningbo Beilun lockdown has been lifted during the week. The transportation situation is recovering quickly. This will relieve some of the pressure on the surrounding ports, like Shanghai.

Chinese New Year – current market situation and expectations

A recent wave of COVID-19 infections across China has led to a tightening of anti-epidemic measures, especially in Hebei Province where a spike in infections led to the lock down of the capital Shijiazhuang, which is only 300 kilometers away from the national capital city Beijing.

Update Corona virus – BGL Contingency plan

Dear customer, in response to the Corona virus outbreak, we would like to give you an update of the current situation and the consequences. The situation continues to evolve but BGL is well prepared for the challenging task ahead and remains strongly committed to mitigate the potential impact on our customers supply chains.