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Energy Crisis in Asia and Europe: The Supply Chain Impact

Resilinc

Asia Energy Crisis Currently, both China and Pakistan are suffering a major energy crunch from dwindling energy supplies and high global gas prices. China is one of the world’s leading importers of liquified natural gas (LNG). China’s Natural Gas Shortage Interestingly, China is facing an “artificial shortage” of LNG due to budget.

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100+ Supply Chain Crisis Statistics: Raw Materials, Covid-19, Labor Shortages, and More

ToolsGroup

China slowed production of aluminum and other energy-intensive metals in 2021 in an effort to reduce carbon emissions, leaving primary production in the country 1.2 Natural gas prices in Europe and curbs on exports from Russia and China are expected to keep fertilizer in high demand through 2023, which will lower crop yields.

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This Week in Logistics News (May 28 – June 3)

Logistics Viewpoints

Cargo losses escalate as thieves target cars, electronics. The Port of Oakland reported cargo in April dropped 7 percent compared to the same period a year ago due to factory and port shutdowns in China. With the reduction in cargo coming out of Shanghai, some carriers aren’t able to fully load a vessel. s CargoNet.