The impact of coronavirus on shipping will be felt for quite some time, despite talk that the number of cases may be slowing down, the TradeWinds Shipowners Forum in New York heard Thursday.

To-date the coronavirus has infected 45,171 people and killed 1,115, mostly in China, and the malady is creating havoc throughout the industry.

"It's underestimated," said Kristin Holth, DNB's executive vice president and global head of ocean industries.