Shipbuilders in Jiangsu and Zhejiang provinces have followed Shanghai-based shipyards in declaring force majeure on deliveries of newbuildings.
A Jiangsu shipyard official confirmed to TradeWinds that his company has warned shipowners that there may be a delay in the delivery of newbuildings due to a shortage of shipbuilding materials, lube oil and ship equipment.
The delays appear to be caused by the knock-on effect of a strict lockdown in Shanghai, which has created logistics havoc and disrupted supply chains to shipyards.
