Orders to surge with Shanghai back on track

Back to business: People at the Bund in Shanghai amid the city’s return to normalcy. There is high pent-up demand both from factories resuming work and their need to export their products. — Xinhua

BEIJING: Global shipping companies will see more orders from China in the coming months as the Covid-19 situation eases in Shanghai while continuing to adopt new tactics to compete with each other, according to analysts and business executives.

As a surge in Covid-19 cases forced a lockdown in April and May in Shanghai – the world’s largest container port by throughput capacity – and also because of logistics delays resulting from highway controls in parts of China, the metropolis suffered from a breakdown in the logistics supply chain.