The COVID-19 pandemic has impacted trade and shipping and remains a severe threat to many business activities.

From home isolation and forced business shutdowns to border closures and travel restrictions, the pandemic’s impacts are wide-ranging.

And although some trade types – such as food staples and medical equipment – may maintain demand with limited interruption, the overall trend is clear: we can expect large-scale reductions in trade and cargo movements, which will ultimately affect the transport sector’s financial viability.