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In Depth: Containing the Covid-19 threat to the marine sector

As a result of the coronavirus pandemic, the shipping industry finds itself amid the sharpest decline in trade in 35 years, according to Clarksons Research. The intelligence provider estimates that seaborne trade fell by 10.6% year-on-year in May and that trade will contract by 5.6% across 2020, representing over one billion tonnes of lost trade.

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Analysis

In Depth: Containing the Covid-19 threat to the marine sector

As a result of the coronavirus pandemic, the shipping industry finds itself amid the sharpest decline in trade in 35 years, according to Clarksons Research. The intelligence provider estimates that seaborne trade fell by 10.6% year-on-year in May and that trade will contract by 5.6% across 2020, representing over one billion tonnes of lost trade.

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