Shanghai to Shut Down for City-Wide COVID Testing

Update as of 4/4/22:

The lockdown in Shanghai has been extended indefinitely as results of the city-wide COVID testing are still being reviewed, leaving Chinese supply chains in a state of uncertainty. The lockdown in Shanghai Pudong was initially set for March 28^th – April 1^st, with Shanghai Puxi following from April 1^st – 5^th. There is currently no timetable for when the lockdowns will be lifted.

As always, Shapiro will continue to monitor the situation and provide updates as they become available.

Original Flash— Published 3/28/22:

A rapid rise in positive COVID tests has struck Shanghai. Please note the following:

• On March 28^th, Shanghai began shutting down half of the city for mass COVID testing; the other half will follow the week after: Shanghai Pudong will be locked down until April 1^st, and Shanghai Puxi will be shut down from April 1^st – 5^th.
• The Shanghai Pudong International Airport is opening this afternoon to both receive export cargo and release import cargo (if no inspection requirements are necessary). Otherwise, all inspection cargo will be on hold until April 6^th.
• Both the Shanghai Waigaoqiao and Yangshan Ports will be operating from noon time today, but drivers must present a negative 48-hour PCR test and an Equipment Interchange Receipt for container pick ups. All other processes have been delayed.
• There have been no immediate changes to shipping schedules, but with sudden lockdowns, this may change.

Shapiro is closely monitoring the situation and will provide status updates as they become available.