Shipping - Container Port - Logistics
ID 79752504 © Steve Allen | Dreamstime.com

Cold water is being poured on any optimistic outlook by some ocean carriers for a speedy recovery of the container industry from the impact of Covid-19.

In his latest assessment of the market, Bimco’s chief analyst, Peter Sand, said the current economic situation “provides no hope ...

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  • Michelle

    May 27, 2020 at 12:02 am

    Honestly this article isn’t true. I don’t know where people get their information from but I work at the dock and it hasn’t slowed down. Not even a little bit. Things are just the same as usual

    • Nicholas Franslay

      June 01, 2020 at 8:17 pm

      That’s interesting. Most ports I am aware of (HK, SG, etc) experienced a drop in TEU throughput in Q1 with them expecting larger drop in Q2 as more countries entered lockdown in Apr. Which country are you working at and I assume hasnt experienced a drop in volume?