News Snapshot:
The container shipping industry could see a “very strong” pickup starting late April as the Covid situation in China eases, Tim Huxley, founder of Mandarin Shipping, told CNBC’s “ Street Signs Asia ” on Monday. Shanghai has been on lockdown since last month because of a rise in Covid-19 cases . The city, also home to the world’s busiest container port, subsequently suffered from a breakdown in the logistics supply chain . “The port itself has actually stayed open so ships are actually coming in, but it’s getting cargo to and from the port,” Huxley said. Since late February, China...
