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Niklas Bengtsson is Director of Maritime Insight at Lloyd's List Intelligence
Latest From Niklas Bengtsson
The coronavirus response will mark 2020 out as a year when the global economy went into reverse. This will have a negative impact on future seaborne trade and, while there will be a rebound, annual growth will track lower in 2022-24
Gross domestic product is shrinking in all regions around the world, with China suffering its worst contraction in 28 years, which is severely impacting global trade. Lloyd's List Intelligence data shows idle capacity in the containership fleet is at an elevated level