OFF THE GRID: Chinese shipping CHAOS as new data law adds to global disruption
A new law governing the collection of data has been blamed for ships in Chinese waters DISAPPEARING from tracking systems, throwing the supply chain further into crisis by preventing logistical shipping plans.
The Personal Data Protection Law allows domestic providers to refuse sharing data with foreign entities, which makes avoiding bottlenecks in Chinese ports impossible for shipping companies.
Market and valuations provider VesselsValue estimates the terrestrial shipping data across all Chinese waters, where 6 of the world’s 10 largest ports are found, has dropped by 90% within a fortnight of the Nov. 1 law being passed.
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