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- Create Date March 10, 2020
- Last Updated March 31, 2020
The short term impact of the coronavirus health crisis is a sharp hit to global container volumes and carrier earnings, but Drewry expects that the medium-term impact will be manageable provided the virus spread is contained. Container shipping lines have learned the hard way to expect the unexpected. Whether it is trade wars, major port lock downs or new viruses, dealing with disruption has become the new normal. As facilitators of trade liner carriers are acutely exposed to events outside of their control, but there are limits to what they can do to mitigate their force.
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