ShippingWatch

Corona spikes in China and the US could spell bad news for shipping

A second corona wave could spell bad news for the maritime sector which keeps an eye on the recent spike in Beijing. Brokers at Arrow, however, believe the impact of another full-blown outbreak could be more modest for the shipping markets.

Photo: NOEL CELIS/AFP / AFP

A new spike in corona cases in Beijing has prompted the Chinese authorities to cancel hundreds of flights to the capital, close schools and urge people to work from home.

According to New York Times, China confirmed another 58 infections, for a total of 137 cases since last week, all traced to the Xinfadi wholesale food market in Bejing.

Read the whole article

Get 14 days free access.
No credit card required.

An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

Poseidon Principles set to raise ambitions in coming weeks

The banks in Poseidon Principles are working on the basis of halving CO2 emissions in shipping by 2050. At the same time, some of the same banks are working towards a target of CO2 neutrality by 2050 as part of the Net-Zero Banking Alliance. Before long, Poseidon will reassess its ambition.

Further reading

Related articles

Trial banner

Latest news

See all jobs