COSCO stopped bookings to Australia until further notice
We have just received notice from our Singapore partner who were informed by the local COSCO shipping line office that due to serious port congestion at Australian ports and extremely long delays, COSCO has decided to suspend all bookings to Australia until further notice. We also had a few of our bookings cancelled from Singapore to Sydney.
This is a very concerning news as COSCO is one of the largest shipping lines in the world and halting all bookings to Australia will have serious implications on Australian supply chains.
We are checking with COSCO locally regarding the accuracy of this announcement and are trying to find out which trade routes will be specifically impacted by this.
We will keep you informed as further details emerge.