Maersk wary of impact of coronavirus on 2020 volumes
The COVID-19 virus could dampen 2020 volumes due to the extension of the Chinese New Year holidays and emergency measures to curb the spread of the virus, A.P. Moller-Maersk has reported.
The outbreak of the virus has introduced additional challenges and risks to Maersk’s operations and the shipping company has already undertaken specific measures to ensure the health and safety of its employees globally.
In its 2019 annual report, Maersk stated: “Fear of the virus and the efforts to prevent its spread will see an increasing pressure on the supply-demand balance.
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