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March 26, 2020

European timber exporters face heavy pressure due to coronavirus

Factories closed, ports idling, lack of containers, rising freight costs, shipments in stand-by… The coronavirus obviously does not spare the wood sector and in particular the specialized exporters in China. "We are facing a global crisis whose systemic consequences are disrupting trade and greatly disrupting the maritime transport sector" , says Emmanuel Groutel, a Director of Wood and Logistics Expert at Wale. He says that the port of Shanghai, which normally employs 90,000 people, operated at the height of the Chinese coronavirus crisis with less than 10,000 employees. At the same time, other Chinese ports were only ...

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