Thu, 30 Apr 2020 21:00:58 +0000

PMI readings for April indicate a massive weakening of global manufacturing. The manufacturing PMI readings serve as a bellwether for container shipping volumes for the months ahead, and recent data suggest that 2020 will be a stress-test for container carriers, perhaps on an unprecedented scale. Faced with the greatest economic downturn since the Great Depression …

 

Full article: https://www.hellenicshippingnews.com/chinas-new-export-orders-index-at-33-5-container-shipping-demand-in-free-fall/