Open AccessImpact of COVID-19 on Global Container Shipping Industry
Author(s) -
Irakli Danelia
Publication year - 2021
Publication title -
european scientific journal
Language(s) - English
Resource type - Journals
eISSN - 1857-7881
pISSN - 1857-7431
DOI - 10.19044/esj.2021.v17n27p5
Subject(s) - container (type theory) , covid-19 , pandemic , business , recession , international trade , economics , engineering , macroeconomics , virology , biology , outbreak , infectious disease (medical specialty) , mechanical engineering , medicine , disease , pathology
This paper demonstrates the Global economic outlook resulted by COVID-19 pandemic and provides an analysis of the direct and indirect impact on Global Container shipping industry. It also discussed sequential interdependence among Pandemic, Global Economic downturn, and Challenges in Global Containerized cargo flows. The paper analysis actual results and the features of the economic crisis caused by COVID-19 pandemic on Global Container shipping industry. While Identifying key determinants of accelerating challenges for Containerized Cargo flows during the global pandemic, the paper concludes short and long terms expectations that might be defined for Future development in the global container Shipping industry.