According to data from VesselsValue, the number of ships waiting to load or unload in Shanghai has nearly quadrupled in the past two and a half weeks.

Authorities in Shanghai have imposed a strict two-stage lockdown of 26 million residents, closed bridges and tunnels and restricted highway traffic, following rising Covid cases, Reuters reported.

Vivek Srivastava, Senior Trade Analyst, VesselsValue, said in his latest update: "With roads, bridges and tunnels between the Pudong and Puxi areas blocked for at least a week, Shanghai International Port Group, which manages the city's ports, has released a statement. issued stating except in case of extreme weather, 24-hour operations would be maintained."