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Covid-19 Update - Issue 15/2020
19 May 2020
According to IHS Markit, the European PMI (Purchasing Managers Index) fell from 26.4 in March to 12.0 in April. Not surprisingly, the decline was most severe in those countries with the greatest outbreak of the COVID-19. Thus, the PMI fel......
Covid-19 Update - Issue 14/2020
15 May 2020
According to UK based analysts Oxford Economics, the pandemic will have a huge impact on world trade. Steep falls in industrial output will hit trade in goods hard, while the unusually service-driven nature of the emergent recession also ......
Covid-19 Update - Issue 13/2020
12 May 2020
The International Transport Forum claims that, as a result of Covid-19, global container trade volumes declined by 8.6% in February 2020 and the reduction is likely to be larger in the following months
Covid-19 Update - Issue 12/2020
08 May 2020
Tourism is one of the most affected sectors of the pandemic, in particular hospitality, aviation and cruises, are at greater risk and, according to the epidemiologist Penn State Maciej Boni, we will not return to travel before one year
Covid-19 Update - Issue 11/2020
05 May 2020
In the first quarter of this year, whilst the overall cargo throughput of major Chinese coastal ports declined 3.5%, according to the statistics released by China Ports & Harbors Association, the eight major Chinese ports reached a th......
Covid-19 Update - Issue 10/2020
30 April 2020
IMF claims that China’s economy, though affected by the effects of the economic crisis caused by the Covid-19 pandemic, is expected to see a recovery in the second quarter of the year thanks to the firms re- opening and the return of em......
Covid-19 Update - Issue 9/2020
28 April 2020
According to the new IAPH COVID-19 Survey, from the ports viewpoint, the global maritime transport scenario shows a clear deterioration compared to the previous weeks
Covid-19 Update - Issue 8/2020
24 April 2020
UK-headquartered global analysts Oxford Economics released an in-depth analysis of the global economic momentum. In response to the first signs of successful coronavirus containment, some governments begin to explore lifting lockdown rest.........
Covid-19 Update - Issue 7/2020
21 April 2020
SPI's Geoeconomics report claims that the international logistics chain will be severely affected by the effects of the economic crisis caused by the Covid-19 pandemic, estimated by IMF in a 3% global GDP contraction in 2020 and by WTO in ......
Covid-19 Update - Issue 6/2020
17 April 2020
The latest World Economic Outlook projects the global economy to contract by -3% in 2020, an outcome far worse than during the 2008–09 financial crisis, however in an optimistic scenario, it is forecasted to grow by 5.8% in 2021 when ec......
Covid-19 Update - Issue 5/2020
14 April 2020
WTO claims even the most optimistic scenario for 2020 is that trade would shrink by 13%, a bigger drop than in the 2008-09 recession and it warns there is the risk of a much gloomier outcome under which trade would shrink by 32%, on a par......
Covid-19 Update - Issue 4/2020
10 April 2020
According to Oxford Economics, signs are emerging that epidemic control measures are working, nevertheless global economic costs will be significant: China could see a double-digit fall in GDP in Q1 and any rebound in China in Q2 will be ......
Covid-19 Update - Issue 3/2020
07 April 2020
Rail freight transport in Europe does not seem to be affected for the moment by the measures to contain the coronavirus epidemic implemented by several countries
Covid-19 Update - Issue 2/2020
03 April 2020
Trends Analysts continue to monitor the effects on the global economy due to the COVID pandemic effects. Public health response to the spread of the virus in each country should work within two-to-three months, with economic recovery by t......
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