Coronavirus outbreak triggers shipping container crisis. Container market risks chaos to 2022 after Covid-19 outbreak in China The existing demand is currently outpacing the supply in the container market. There are only two companies in the world that build and sell shipping containers, and both are in China. Rental and shipping costs have also increased.…
The coronavirus (COVID-19) pandemic has made life a lot harder for businesses as well. The uncertainty forces us to do a solid business continuity plan. Here’s how to do it. Having a continuity plan has always been crucial for businesses. The coronavirus pandemic has made it even more important. The business owners have to strategize…
Let’s take a closer look at the latest effects of the coronavirus on the maritime industry. As of April 7th, close to a 1,5 million coronavirus cases have been reported and 75,000 people have lost their lives. This pandemic has been negatively affecting the whole World: The individuals, the governments, the economies including almost all…
The coronavirus outbreak has been spreading very quickly. Let’s take a look at how it affects the shipping industry. The first US coronavirus death has been reported in Washington state last weekend. This means that the virus has now reached 49 counties. According to the World Health Organization, the coronavirus could reach most, “if not…