Hamburger Hafen und Logistik AG finished 2019 with results on the rise, but the improvements will be replaced by a major decrease in earnings due to the coronavirus. The Port of Hamburg offers aid to the industry.
The extension of the Chinese New Year due to the outbreak of coronavirus had major consequences for container volumes at Chinese ports, writes Alphaliner. The analyst firm expects negative growth for the year as a whole.
It creates challenges on the roads and railroads when one of the ultra-large container ships berths in the Port of Hamburg. "We really hope that the limit has been reached," a director of the port's largest terminal company tells ShippingWatch.
Ports all over the world have introduced restrictions on ships and crew arriving from corona-stricken countries. Norwegian shipping group Wilhelmsen has made an interactive map that provides an overview.
Denmark, Germany and Norway have either shut down their borders or temporarily sealed off access to the countries in other ways in response to the corona outbreak. Large shipping companies are sending employees home.