Tue, 12 May 2020 21:00:57 +0000
For the first time in a decade, large numbers of ships are heading for lay-up as the COVID-19 pandemic crushes demand for consumer goods and widespread travel restrictions temporarily end passenger cruising. Cargoes carried on containerships are set to fall by 10 percent this year, the largest decline in this sector’s 64-year history. Owners of …
Full article: https://www.hellenicshippingnews.com/owners-look-to-lay-up-as-they-navigate-covid-19-trade-declines/