Virus outbreak could reduce already weak balances for shipping lines

Shipping companies with heightened leverage ratios and high short-term debt are particularly exposed in the current situation, where large amounts of container capacity are taken off the market during the corona crisis, writes Alphaliner.
Photo: PR / Cosco Shipping
Photo: PR / Cosco Shipping
BY RITZAU FINANS

The outbreak of coronavirus, which has spread from China to the rest of the world since the end of last year, has had major consequences for the global economy.

Already a subscriber?Log in here

Read the whole article

Get access for 7 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

With your free trial you get:

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
  • Must be at least 8 characters, including three of: Uppercase, lowercase, numbers, symbols
    Must contain at least 2 characters
    Must contain at least 2 characters

    Get full access for you and your coworkers

    Start a free company trial today

    Share article

    Sign up for our newsletter

    Stay ahead of development by receiving our newsletter on the latest sector knowledge.

    Newsletter terms

    Front page now

    Further reading