The deadly novel coronavirus outbreak (2019-CoV) has resulted in passenger and cargo ships being quarantined around the world, partial and complete travel bans to parts of China and shipping and airlines being unable or unwilling to deliver cargo to the contractual destination.
Malcolm Hartwell, head of Transport at Norton Rose Fulbright says that, “Non-delivery of cargo will affect traders, banks, shipping and airlines, freight forwarders and everybody else involved in the logistics chain. ...