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China International Containers

Coronavirus: Full-year global box growth forecast to be 0.7% lower

Container volume data from key Chinese ports already shows a 20% drop since January 20. Lines have announced blank sailings and this programme is set to be expanded further in the coming months, putting paid to any hopes of volume recovery after the Chinese New Year holidays

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Global supply chains are also set to be affected, with South Korean vehicle makers already announcing some production slowdowns because of parts shortages from Chinese suppliers. Complete shutdowns are expected soon if the supply situation does not improve

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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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