shanghai container terminal at night
Shanghai Yangshan deep water container terminal ID 117637608 © Chuyu | Dreamstime.com

The weekend saw the number of recorded coronavirus cases globally soar to 78,000, with new clusters of the disease emerging in Iran, South Korea and Italy, putting further strains on global supply chains.

The ramifications of what is now on the verge of being a pandemic are being felt far beyond China, with further cuts in sailings out of China announced by container shipping lines.

This morning, Maersk said it had “seen a further reduction in demand due to the extended holiday ...

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