7bn in revenue following the impact of coronavirus outbreak on the international shipping sector.
The research agency also suggested that Maersk Line could face the worst revenue downfall from COVID-19 since China represents 30 per cent of its annual shipping volume. The firm noted that the impact of the coronavirus outbreak on the shipping industry had continued to increase in scope, with accompanying ripple effects.
Sea-Intelligence, in its weekly report, stated that in the 10-week-period, comprising the Chinese New Year and the ongoing coronavirus outbreak, the shipping industry was faced with a downfall of some 1.7 million twenty-foot equivalent unit of containers, estimated at $1.7bn.n this website, may not be reproduced, published, broadcast, rewritten or redistributed in whole or in part without prior express written permission from PUNCH.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Nigeria Latest News, Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
StackPath
Source: LeadershipNGA - 🏆 4. / 77 Read more »
Nigeria’s recession buffer weak as Coronavirus drives oil near $47/bblWith the impact of the coronavirus taking a toll on oil demand and the economy in general, the fear of another recession appears to be imminent as oil price
Source: GuardianNigeria - 🏆 1. / 94 Read more »
Coronavirus has pandemic potential, take actions now - UN Chief warns countries - Daily Post NigeriaUN Health Chief Tedros Adhanom Ghebreyesus says the coronavirus has pandemic potential. Ghebreyesus says the spread of Coronavirus to countries such as
Source: DailyPostNGR - 🏆 11. / 59 Read more »
Coronavirus: Panic mood on NSE, market capitalisation loses N308 billionTrading on the Nigerian Stock Exchange (NSE) on Friday ended on panic mood, as the country recorded the first Coronavirus case after Egypt and Algeria.
Source: PremiumTimesng - 🏆 3. / 78 Read more »
Iran reports eight new coronavirus deaths, 34 in totalthis Sunday service for nigeria men go collect, we go sow seed so that God go protect our family from the virus we go buy church anointing oil and holy water wey father pray for and this figure will continue to grow in iran. there football leagues are still on going.
Source: MobilePunch - 🏆 8. / 63 Read more »
Italy’s Coronavirus Spread Up 50% in 24 Hours, Reports 650 Cases, 17 Deaths - THISDAYLIVEMartins Ifijeh Italy’s number of Coronavirus (COVID-19) cases spiked by more than 50 percent in just 24 hours and now stands at 650 cases and 17 deaths, the Italian Ministry of Health says. More than 400 of the cases are in the hard-hit Lombardy region, where some towns are under a lockdown. The Commissioner …
Source: THISDAY LIVE - 🏆 14. / 51 Read more »