Riviera Maritime Media: Shipping likely to face restrictions, disruption from Chinese coronavirus outbreak
27 January 2020
According to a briefing from consultancy Poten & Partners, the Wuhan coronavirus’ effect on the tanker market will depend on the speed with which it spreads, how contagious and lethal the virus is, as well as the speed and effectiveness of the response of the Chinese Government and the WHO.
Analysts used the 2003 Severe Acute Respiratory Syndrome (SARS) epidemic, another coronavirus that originated in China and spread to more than two dozen countries, as a guideline for the potential impact of the Wuhan coronavirus’ outbreak on the global economy and oil markets.
To read the full article, click here.