When China sneezes, we all catch the flu, but shipping seems to have initially underestimated quite how significant the impact of the coronavirus outbreak was going to be. It is now painfully clear that the extended shutdown of China will temporarily cripple the shipping markets and hit hard on freight rates well beyond the current schedule disruption and yard delays. In this week’s podcast we get the latest market analysis from BIMCO’s chief analyst Peter Sand, we talk to Andrew Rigden Green, a leading shipping lawyer from Stephenson Harwood about charterparty risk and we get the inside track on the latest market disruption direct from our China editor Cichen Shen.
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