Carriers could find the cost of blanked sailings adding up to $23 billion

The container shipping industry could lose as much as $23bn this year from reduced demand in the wake of the coronavirus pandemic.
Demand for unitised shipping services is set to nosedive as a result of the economic devastation wrought by large swathes of the world forced into social lockdowns.
Research today from liner analyst SeaIntelligence Consulting reports that the best carriers can hope for this year would be a 10% decline in …

The post Carriers could find the cost of blanked sailings adding up to $23 billion appeared first on The Loadstar.

Source: The Loadstar

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