The container sector is expected to take a healthy wallop this year as a result of the omnipresent coronavirus, according to forecasts.
Activity may contract by 5% in teu-miles and 4.9% in volumes amid downward revision to gross domestic product, latest projections by Clarksons Research Services show.
The Shanghai Containerized Freight Index and Clarksons Continership Charter Rate Index were down 15% and 10% respectively since the start of 2020.
