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Coronavirus: Cruise operators excluded from US bailout
The cruiseship industry was an early casualty of the virus
Dry bulk rates soften as Anglo moves to curb output
Anglo American cuts its 2020 production guidance by up to 5m tonnes for iron ore and coal from South Africa
Shipping hopes it is a case of ‘V’ for victory
Even amid the cashflow crunch that will likely take some casualties, there are those preparing for the upside that will come once the global supply chain eventually unplugs its current bottlenecks and global trade returns. We have to believe that Covid-19 hasn’t structurally changed the shipping markets
Ferry operators face revenue crisis
Governmental support is needed to maintain vital lifeline services, say Interferry and VDR
CIMC foresees further decline in container demand
The company’s container manufacturing business saw its net profit fall 92.8% in 2019, while revenue dropped by 36.1%
Coronavirus: Fitch reviews US port credits
Fitch said it is implementing a ‘portfolio-wide review of its 17 standalone port credits in North America, to be completed by the week of March 30’
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