According to an analysis by Alphaliner, the Chinese government’s decision to extend the new year holiday to 9 and 10 February, as it battles to contain the coronavirus outbreak, could lead to a 0.7% decline in global port throughput, reports the Loadstar.
Coronavirus Outbreak ImpactAnd the consultant says the reduction of China’s factory output as a result of the extended holiday is likely to lead to Chinese ports losing some 6m teu in volumes in the first quarter.
“The full impact of the Chinese...
http://mfame.guru/chinese-ports-set-to-lose-6-million-teu-due-to-coronavirus-outbreak/