{"id":1376,"date":"2020-02-27T15:46:25","date_gmt":"2020-02-27T15:46:25","guid":{"rendered":"http:\/\/www.bocintl.com\/en\/?p=1376"},"modified":"2020-02-27T15:46:25","modified_gmt":"2020-02-27T15:46:25","slug":"the-boc-blast-351-update-coronavirus-covid-19-origin-operations","status":"publish","type":"post","link":"https:\/\/www.bocintl.com\/web\/the-boc-blast-351-update-coronavirus-covid-19-origin-operations\/","title":{"rendered":"The BOC Blast 351 – UPDATE Coronavirus – COVID-19 Origin Operations"},"content":{"rendered":"\n
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UPDATE:\nCoronavirus\/COVID-19 Origin Operation<\/strong><\/p>\n\n\n

Over the\npast week or so, the China government has reportedly lowered COVID-19 emergency\nresponse levels in some provinces, allowing workforce back into production.\nReturn-to-work restrictions\/requirements from the Chinese local authorities and\nsome office building management teams remain in place. <\/p>\n\n\n

A larger\nportion of our colleagues in China have returned to the offices, and the team\nis strictly following precautionary measures. While some teammates are working\nfrom home, we are operationally ready to manage business as normal: <\/p>\n\n\n

Shanghai,\nNingbo, Taiwan and Hong Kong: 100% of the teams are working in the office.  <\/p>\n\n\n

Qingdao:\n90% of the team is working in the office, with 10% working from home. <\/p>\n\n\n

Shenzhen:\n60% of the team is working in the office, with 40% working from home. <\/p>\n\n\n

Xiamen,\nFuzhou and Tianjin: 50% of the team is working in the office, with 50% working\nfrom home. <\/p>\n\n\n

Dalian:\n40% of the team is working in the office, with 60% working from home. <\/p>\n\n\n

We\ncontinue to work with the relevant authorities to bring the full team safely\nback into our offices. <\/p>\n\n\n

Other\nMarket Developments<\/strong><\/p>\n\n\n

Drayage\nin China:<\/strong>  Cross-border trucking\nbetween China and Hong Kong continues to run, but it is highly recommended that\nbookings are made at least 2 days in advance to ensure driver\navailability.  <\/p>\n\n\n

Availability\nof inland trucking in mainland China remains limited, advanced bookings of at\nleast 2-3 days are required to secure trucking services. <\/p>\n\n\n

International\nAir and Ocean Freight:<\/strong> \nProduction and export volumes from China have increased as the workforce\nreturns, and demand for airfreight space, particularly to the rest of Asia, is\npicking up. There are also indications that ocean freight shippers are looking\nto switch modes in a bid to \u2018catch up\u2019 on schedules, further accelerating the\ndemand for airfreight. <\/p>\n\n\n

We are\nnot expecting a quick reinstatement of cancelled airfreight capacity on both\nfreighter and passenger flights outbound China, which we estimate to be well\nabove 30% of last year\u2019s global capacity (50% to the US, 50% to Asia, 35% to\nEurope), particularly passenger flights, as many countries maintain advisories\nagainst travel to China. At this point, we anticipate that airlines will\ninitiate a resumption of capacity no earlier than the third week of March. <\/p>\n\n\n

Airfreight\nrates soared on the China-Asia routes as capacity pulled out of this market is\nmost significant, and demand for space has become \u2018red-hot\u2019. Air charters are\nin high demand, but supply is soft as the availability of aircraft and crew\nremain challenged. <\/p>\n\n\n

The\nfallout from COVID-19 is strongly felt in the container shipping market.\nAccording to Alphaliner, Q1 2020 volumes at ports in China and Hong Kong are\nestimated to have reduced by more than 6 million TEUs due to the extended Lunar\nNew Year holiday and COVID-19 containment measures. <\/p>\n\n\n

Currently,\ncontainer equipment is sufficient in China, but the availability of\nNon-Operating Reefers (NOR) is diminishing. <\/p>\n\n\n

We will continue to update you as we receive more information. If you have questions, please contact your BOC Representative.<\/p>\n\n\n

\"\"<\/figure>\n","protected":false},"excerpt":{"rendered":"

UPDATE: Coronavirus\/COVID-19 Origin Operation Over the past week or so, the China government has reportedly lowered COVID-19 emergency response levels in some provinces, allowing workforce back into production. Return-to-work restrictions\/requirements from the Chinese local authorities and some office building management teams remain in place. A larger portion of our colleagues in China have returned to<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[507],"tags":[],"class_list":["post-1376","post","type-post","status-publish","format-standard","hentry","category-the-boc-blast"],"_links":{"self":[{"href":"https:\/\/www.bocintl.com\/web\/wp-json\/wp\/v2\/posts\/1376","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bocintl.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bocintl.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bocintl.com\/web\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bocintl.com\/web\/wp-json\/wp\/v2\/comments?post=1376"}],"version-history":[{"count":0,"href":"https:\/\/www.bocintl.com\/web\/wp-json\/wp\/v2\/posts\/1376\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.bocintl.com\/web\/wp-json\/wp\/v2\/media?parent=1376"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bocintl.com\/web\/wp-json\/wp\/v2\/categories?post=1376"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bocintl.com\/web\/wp-json\/wp\/v2\/tags?post=1376"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}