Coronavirus impacts shippers

The whole world is following the news on coronavirus and hoping for the quickest development of proper preventive measures and for the cure for the infected people. It proves how interconnected the world is. The heart-breaking situation also impacts logistics and trade.

The major development is a booking stop by many carriers. Goods cannot be transported anymore from China under reasonable conditions.

The European Shippers’ Council is also warning its members to be cautious of any sharp rate increases due to supply chain disruption caused by the coronavirus in China. As ESC told Lloyd’s List, “the situation with coronavirus should not lead to commercial ‘exploitation’ by certain parties. On too many occasions have we seen the introduction of dubious surcharges and as a sector we should be able to prevent this from happening by spreading eventual additional costs evenly across all parties”.

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