In the last month of the year 2019 a serious and very disturbing pandemic came into the world through a health threat virus the Covid 19 has now spread to every country around the world. This has caused major economic and social disruptions with far reaching impacts on global supply chains.
One of the key issues is the impact COVID-19 is having on port calls and particularly, the issue of blank sailings.
In addition, the strict containment measures imposed by governments around the world has resulted in substantially lower global economic growth and consequentially, lower demand for the movement of goods. The repercussions of the Covid-19 pandemic will undoubtedly have a significant impact on the global shipping industry and place increased financial pressure on a multitude of companies.
This has caused a lot of fears and contradictions in almost all the nations leaving them with no choice but to close their exit and entry port of goods and services with some of them not closing completely but allowing only a few services to partake but with the major shipped goods and services being locked out and not allowed.
With the virus still spreading and attacking the world it means a continuous loss of income generated from entry ports, In addition, the strict containment measures imposed by governments around the world has resulted in substantially lower global economic growth and consequentially, lower demand for the movement of goods.
The repercussions of the Covid-19 pandemic will undoubtedly have a significant impact on the global shipping industry and place increased financial pressure on a multitude of companies.
This disturbance has infect caused paralysis in the country trade and have slowed down all the operations in all nations entry ports be it sea ports , air and road.
Ports