Shipping news

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Coronavirus Hits Shipping as China Port Traffic Slides
https://www.hellenicshippingnews.com/cor...ic-slides/

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Coronavirus causes China Crude disruption
https://www.hellenicshippingnews.com/cor...isruption/

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Coronavirus supply chain headaches spread as more than one in two Asia – North Europe sailings are cancelled
https://splash247.com/coronavirus-supply...cancelled/

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Maersk warns of coronavirus impact as earnings miss expectations
https://www.marketwatch.com/story/maersk...ewer_click

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Coronavirus wipes away 1.7m teu of liner business
https://splash247.com/coronavirus-wipes-...-business/

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Separately, the German shipowners’ association VDR told its annual news conference in Hamburg that terminal operations in Chinese ports were not going smoothly because truck drivers and port workers were missing.
Container ships’ round trips through Chinese ports were being increasingly cancelled because of low load levels. Shipowners have asked staff to stay on board and wear face masks, VDR said.
Crews were not being swapped in China, and ships were not receiving and loading food during Chinese port stays, it added.

Tanker rates plunge over 80% as virus torpedoes shipping
https://www.hellenicshippingnews.com/tan...-shipping/

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Liner bankruptcy potential at highest levels recorded
https://splash247.com/liner-bankruptcy-p...-recorded/

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PIL forced to defend its late payments again
https://splash247.com/pil-forced-to-defe...nts-again/

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Coronavirus Rattles Shipping Industry as Supply Shock Moves to Demand Decline
https://www.hellenicshippingnews.com/cor...d-decline/

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Coronavirus Is Disrupting The Supply Of Ships As Well As Demand
https://www.hellenicshippingnews.com/cor...as-demand/


Liners brace for worst case scenario: $23.4bn combined full year losses
https://splash247.com/liners-brace-for-w...ar-losses/