Container lines could be facing a $17bn shortfall in revenues this year as developed economies’ efforts to halt the spread of coronavirus lead to a slump in demand. Despite the rapidly improving situation in China, which is seeing manufacturing and logistics return to normal levels following the extended shutdown from February, the spread of coronavirus beyond China has led to drastic measures being taken in both Europe and the US, with other developed economies following suit. In its latest analysis of the coronavirus outbreak, SeaIntelligence said that the efforts to curb the ...
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