Letter from the CEO: Coronavirus Market Update
MARCH 18, 2020
Cargo flows and ship calls are rebounding in China. The reopening of factories in China would see a gradual return of demand, but Alphaliner noted in a recent newsletter that cargo volume recovery was expected to take a few weeks, and until normal volume is reached, carriers would continue to selectively implement blank sailings, likely until the end of March. Carmakers and electronic manufacturers in South Korea and Japan are reporting production line shutdowns.