‘No Hope’ of Bounce-Back in Demand For Container Shipping This Year

May 26, 2020

Cold water is being poured on any optimistic outlook by some ocean carriers for a speedy recovery of the container industry from the impact of Covid-19.

In his latest assessment of the market, Bimco’s chief analyst, Peter Sand, said the current economic situation “provides no hope for a short-term recovery”.

“The coronavirus pandemic looks set to continue to hammer container shipping demand,” he added.

For the full story, please click HERE

Source: The Load Star