Starting from China we have seen the factory of the world largely closing its doors during the first two months of 2020. But now, just as it is starting to recovery, COVID-19 is sweeping the developed economies in Europe and the Americas. What will this mean for shipping and your business?
STREAMING LIVE : 25 MARCH - 8:00 AM GMT | 4:00 PM SGT
During the presentation, David Jordan, Regional Director, Asia, Maritime Strategies International will present the latest insights from MSI’s base case for the container, dry bulk and tanker markets, which is formulated around the idea that we will see a return to “business-as-usual” over the course of the next couple of months.
This will include an examination of the potential impact COVID-19 will have on the demand and supply dynamics for each of these sectors, and what this means for charter markets and asset prices. He will then compare this with a ‘severe escalation’ scenario. After all, chance favours the prepared mind.
To do this, David will use MSI’s unique scenario-based analysis and forecasting tools to help provide a framework for understanding the potential impact of COVID-19 on these three vital shipping markets: dry bulk, tankers and containers.
He will be joined by leading shipping lawyer Toby Stephens, partner with HFW in Singapore, who will offer an insight into the legal implications of the rapidly changing shipping market due to the COVID-19 outbreak and what these mean for contracts between owners and charterers.
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