european-shippers-council-iru

Shipping lines cancel China sailings as Turkey closes borders

The corona virus has led to about 105 cancelled sailings from Asia to Europe and North America reports the European Shippers Association, quoting a report by the Evofenedex shippers’ association in the Netherlands. The shipping industry is set to lose around $ 1 billion as a result. Capacity dropped by 20-40% in the period 20 January to 10 February 2020 compared to the same period last year, according to figures from ... [+]