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Business Daily

Cargo shipping in the pandemic

Business Daily

BBC

News, Business

4.4796 Ratings

🗓️ 23 December 2020

⏱️ 19 minutes

🧾️ Download transcript

Summary

How the shipping industry has fared in 2020. Ed Butler speaks to Lars Jensen from SeaIntelligence Consulting about the ups and downs of the shipping industry during the pandemic, in a year that has seen a collapse in economic activity, but a boom in online shopping. And Bridget Rosewell, commissioner for the independent National Infrastructure Commission in the UK, explains why disruption to supply chains could cause businesses to rethink the way they ship goods around the world.

(Photo: A cargo ship is unloaded at the UK port of Felixstowe, Credit: Getty Images)

Transcript

Click on a timestamp to play from that location

0:00.0

Hello there, I'm Ed Butler and welcome to Business Daily from the BBC.

0:05.6

Today, a story of global blockages supply chain squeezes as stay-at-home consumers spend, spend, spend.

0:13.9

If I can't go to a party, at least I can sit at home and order stuff on Amazon, which is exactly what's happening.

0:19.8

They're actually spending much more money

0:22.2

on goods. That's causing the demand boom for container shipping. The impact of COVID on global

0:26.9

supply chains today and how it could shape firm's behavior in 2021. I think it's triggered the

0:33.2

acceleration of change. As people's tastes evolve and they want more individualisation, then flexibility

0:40.6

will be continually accelerated by the pandemic. The shipping news, that's Business Daily from the BBC.

0:50.2

It's very difficult. We are already here second days.

0:54.9

Try to find some place to sleep. It was so difficult for us.

0:58.5

We are tired. We are disappointed. We are afraid.

1:01.2

We will miss our Christmas with families.

1:04.0

No answer. Nobody knows. No. We have to wait.

1:07.4

That's the voice of a man called Florian from Romania.

1:10.8

He's one of several thousand frustrated lorry drivers stuck somewhere near the main UK port of Dover this week.

1:18.3

Concern over a new strain of the coronavirus emerging in Britain has caused the French

1:22.9

and other authorities in Europe to block traffic from Britain.

1:26.8

Just three days before Christmas.

1:28.8

It wasn't the present that these truckers were hoping for.

1:31.5

I came on Sunday morning and on Sunday evening.

1:34.7

We got information that border is close, French is close

1:37.2

and no option to leave the UK.

...

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