Impact of COVID-19 on Future Shipping Demand with BIMCO's Peter Sand
From the drastic decrease in oil demand to lockdown in manufacturing, Peter provided an overview of the macroeconomic challenges being faced by individual shipping sectors and subsequently indicators of how the breakbulk and project cargo sectors are faring through the current pandemic.
Coronavirus and its impact on shipping
How is shipping affected by the coronavirus pandemic and the low oil price by mid-April? The trio of analysts, Alan Murphy, CEO & Founder of Sea-Intelligence; Russel Thomson, CEO & Founder of Tradeviews and BIMCO Chief Shipping Analyst, Peter Sand, had a 2-hour marathon webinar session to try and answer those question. They covered the three main shipping segments – dry bulk, containers and tankers.
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Get analysis of the dry bulk, tanker and container markets. The BIMCO market analysis team writes a mix of quick insight and deep analysis – but with a focus on the fundamentals: supply and demand.