Friday, 07/02/2020, 12:27 (GMT +7)
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Coronavirus to cost China ports 6 million TEU in Q1
China’s response to the coronavirus and carrier reaction to the extended Chinese New Year holidays will cut the country’s first quarter container volume by more than 6 million TEU, and shave 0.7 percent off global volume for the full year, according to Alphaliner.
It is the first real estimate of the virus’ impact on the container supply chain, with data collected by the analyst on weekly container vessel calls at the main Chinese ports showing a decline of 20 percent since Jan. 20.
Source: JOC.com
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