shipping from China toKorea
Industry insiders emphasized that the pneumonia epidemic is the most serious crisis since the China-Korea ferry route opened in 1991. If the government cannot adopt an effective support policy for ferry operators, as the pneumonia epidemic continues to spread, the ferry company will deteriorate from a closed state to a bankruptcy crisis.
At the same time, the Baltic Dry Index (BDI), known as the global shipping barometer, fell sharply and continued to maintain its low level in the past four years. In particular, the Baltic Headland Index (BCI) fell into the negative range for the first time since the end of January, further aggravating the concerns of dry bulk ship owners. Large dry bulk shipowners basically have long-term transportation contracts with large cargo owners and strategic materials, so they will not be greatly affected. On the contrary, small and medium dry bulk shipowners are in crisis.
Industry insiders emphasized that the pneumonia epidemic is the most serious crisis since the China-Korea ferry route opened in 1991. If the government cannot adopt an effective support policy for ferry operators, as the pneumonia epidemic continues to spread, the ferry company will deteriorate from a closed state to a bankruptcy crisis.
At the same time, the Baltic Dry Index (BDI), known as the global shipping barometer, fell sharply and continued to maintain its low level in the past four years. In particular, the Baltic Headland Index (BCI) fell into the negative range for the first time since the end of January, further aggravating the concerns of dry bulk ship owners. Large dry bulk shipowners basically have long-term transportation contracts with large cargo owners and strategic materials, so they will not be greatly affected. On the contrary, small and medium dry bulk shipowners are in crisis.
