The accident in Tianjin has had multiple repercussions for hazardous goods supply chains inside China, as well as into and out of China. The main impacts are as follow:
CONTINUING CLOSURE OF TIANJIN PORT TO IMPORTS AND EXPORTS OF DANGEROUS GOODS
At this moment, Tianjin harbor remains closed to all imports and exports of goods with ”UN Number” hazard identification; regardless of whether these cargoes are liquids or solids. As the key portal for exports of chemicals from the industrial heartlands of Hebei Province and further afield, the idea that the harbor would simply close seemed very unlikely, but this is exactly what has happened. For chemical enterprises based within the catchment area of Tianjin harbor, the extra cost of diverting their cargoes via Qingdao or Dalian ports is ruinous, adding many thousands of RMB per container in cost. This comes as a serious and threatening extra burden to enterprises that are already operating on razor-thin profit margins and it can surely not be too long before this eventually forces them out of business. Handling fees inside Qingdao harbor are approximately double that of all the other harbors in China, as a result of its highly complex and careful storage requirements (themselves arising from a fire which took place in the harbor several years ago). So, the cost burden is amplified for those forced to export via Qingdao.