With the coronavirus still in its early stages of the outbreak, global seaborne trade is already reeling from an immediate consequence of dropping demand and freight rates, though the medium to long term implications remain “immensely difficult”...
With countries across the globe announcing new restrictions on ships and crew that have called mainland Chinese ports in an effort to combat the spread of coronavirus staying fully up to date can be a complex task.
Chinese container port volumes could take an estimated hit of 6m teu in the first quarter from the impact of the coronavirus believes analyst Alphaliner.