And we thought IMO2020 was challenging: zero energy prices, demand decimation, and its effect on shipping
Director, Lead, BLUE Insight
Senior Director Purchasing and Supply, Hapag Lloyd
Global Head, Verifuel, Bureau Veritas
Director, Lead, BLUE Engage
COVID-19 has triggered the most rapid shift in global economic health ever seen. To quantify its impact is near impossible as dynamics are changing daily, if not hourly, but the immediate knock on effects on shipping have seen a collapse in oil prices, affecting the tanker market and marine energy market dynamics. The rapid slowdown in supply chains has impacted container, RoRo and bulk demand and supply patterns, while passenger vessels have been most severely impacted.
This webinar’s participants unpick some of the knock on effects of this new reality.