No Way To Forecast The Severity of the Coronavirus Implications As Quarantine Continues

Capt. John
  • Coronavirus outbreak causing markets to tumble and bringing shipping to halt
  • BIMCO’s Peter Sand says that the Intra Asian shipping route will bear the largest impact
  • Scrubber retrofitting would be hit
  • Chinese economy slow down will drive the oil market slump
  • US export boom to be hit  as the US-China Phase One Deal is likely to be delayed
  • The quarantine will further drag down the earnings in the coming days
  • In the long-run implications are difficult to predict as the virus continues to spread

Th...

http://mfame.guru/no-way-to-forecast-the-severity-of-the-coronavirus-implications-as-quarantine-continues/

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