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Coronavirus outbreak may cost China's ports six million teu in Q1
05 Feb, 2020

The Chinese government's decision to extend the new year holiday to 9 and 10 February, as it battles to contain the coronavirus outbreak, could lead to a 0.7% decline in global port throughput, according to new analysis from Alphaliner.

And the consultant says the reduction of China's factory output as a result of the extended holiday is likely to lead to Chinese ports losing some 6m teu in volumes in the first quarter.

"The full impact of the Chinese coronavirus outbreak on container volumes will not be fully measurable until ports announce their throughput numbers for the first quarter, but data collected on weekly container vessel calls at key Chinese ports already shows a reduction of over 20% since 20 January, " it said.

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