Deadly explosion at Chinese port causes business disruptions, poses health hazards (VIDEO)

Shipping and logistics companies reported delays and disruptions after the deadly explosion at the Chinese port of Tianjin.

By Bloomberg News | Updated on August 14, 2015

(Bloomberg) — Shipping and logistics companies reported delays and disruptions after the deadly explosion at the Chinese port of Tianjin as some oil cargoes were still barred from one of its wharves.

About 110 vessels are anchored in the sea off the port, according to data compiled by Bloomberg, and freight companies including Auckland, New Zealand-based Mainfreight Ltd. and Japan’s Sankyu Inc. said the blast will cause delays or impact their businesses. Fortescue Metals Group Ltd. and BHP Billiton Ltd. said operations at the port resumed and they didn’t anticipate an impact to deliveries.

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