Although India leads the rice imports in Liberia, the plummet in number of ships out of China is triggering concerns for the Weah-led government already struggling to deal with an ongoing gasoline crisis. That has backed up cargo at terminals and warehouses at big gateways including Shanghai, Tianjin and Ningbo. American exporters are seeing cargo backed up even at U.S. hubs because of the congestion in China’s distribution networks. The China Association of the National Shipbuilding Industry said more than 200 deliveries of ships under repairs or retrofitting could be pushed back. China is the world’s biggest shipbuilder, with more than 960 vessels set to be delivered this year, according to data provider Vessels Value.

Source: Front Page Africa February 18, 2020 07:18 UTC