Typhoon Crushes Parts Of Asia, Wrecks Factories

By Douglas McIntyre  •  September 9, 2024
Tomáš Malík Pexels

Typhoon Yagi, the equivalent of a Category 4 hurricane drenched parts of Asia. The storm was particularly hard on Vietnam and the areas of the country where much of its manufacturing facilities are located. The damage will affect the supply chains of a number of nations. 

According to Reuters,” Managers and workers at industrial parks and factories in Haiphong, a coastal city of two million, said on Monday they had no electricity and were trying to salvage equipment from rain in plants whose metal sheets roofing had been blown away.” These were near some of the facilities of the largest electronics manufacturers in the world.

Delayed Products

This is yet antought example of the economic byproducts of climate change. These factories could be down for days or even weeks, which means key components which would be shipped to other assembly areas, or to directly to consumer markets will be delayed.

Panama

Although several thousand miles away, the Vietnam problem is a distant relative of the Panama Canal. A climate crisis, in the case of the canal, a drought, has cut the amount of shipping that can use it for transit. Those ships often need to add a number of days to reach their intended port. 

Drought or storm. A similar outcome.

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