Containership tonnage provides face the prospect of weaker future employment prospects due to the coronavirus, Fearnleys Securities has warned.

“With at least 24 provinces in China representing over 80% of GDP and 90% of total exports extending the Chinese New Year, we are bound to see a significant impact on container volumes in the coming weeks and months,” said analysts Espen Landmark Fjermestad and Peder Nicolai Jarlsby.