COVID-19, Trade & Transport
Global Container Shipping and the Coronavirus Crisis
As a result of Covid-19, container trade volumes and container port volumes have declined over the first months of 2020. Container freight rates have remained fairly stable because carriers have idle capacity, yet the high debt level of container carriers creates insolvency risks. Any bailouts for the sector should address offloading of risks to the public.
The article is available on the International Transport Forum (ITF) website and by clicking the link below: