In a world dominated by email and smartphones, the shipping industry still relies heavily on paper documents delivered by courier. With people unable or unwilling to travel to China because of the coronavirus, that dependence is wreaking havoc on commodities traders.
February 13, 2020Coronavirus
Coronavirus Is Wreaking Havoc on Global Mail Delivery

Oil Holds Near $50 as OPEC+ Hesitates Despite Surplus
Oil held near $50 a barrel in New York on signs that OPEC and its allies probably won’t go ahead with a much-touted emergency meeting, even as a global oversupply piles up.
February 10, 2020Toyota, Honda Extend China Shutdowns as Virus Gathers Pace

Toyota Motor Corp. and Honda Motor Co. were among carmakers extending shutdowns at their China plants as the country steps up measures to fight the deadly coronavirus.
February 7, 2020Top Steelmaker Sounds Alarm as Coronavirus Spreads
The most influential mills group in the world’s largest steelmaker has sounded the alarm about the outlook as the coronavirus crisis rips through China’s economy, warning of transport snarls, weaker demand and a situation this quarter that “does not look optimistic.”
February 6, 2020Coronavirus Has Oil Traders Seeking Ships to Hoard Unsold Crude

Oil traders and sellers are making more inquiries for supertankers to hoard crude at sea in the latest indication of the crushing impact the coronavirus is having on demand in the world’s biggest importer.
February 5, 2020Hyundai Halts South Korea Output as Coronavirus Causes Parts Shortage

Hyundai Motor Co. is halting production in South Korea this week because of a component shortage caused by the coronavirus, the first global automaker to suspend output outside China because of the outbreak.
February 4, 2020Factories Brace for Virus Blow Just as Demand Starts to Pick Up
The slow improvement in global manufacturing could be about to take a pause — or worse — as firms brace for supply-chain disruptions and a blow to demand from the spread of the coronavirus.
February 3, 2020Commodity Shipping Costs Fall 99.95% After Coronavirus Slams Market

The coronavirus crisis in China has hammered many markets this month: none may have felt a bigger impact than freight, reflecting consequences for raw materials, including iron ore, that are carried by sea.
January 31, 2020Coronavirus Emergency Declared; WHO Downplays Trade Impact

The World Health Organization declared the coronavirus outbreak that started in China a global emergency Jan. 30 after the number of cases worldwide spiked more than tenfold in a week.
January 30, 2020China’s Auto Production to Drop 15% Because of Virus, Supplier Aptiv Says

Automakers probably will dial back production by 15% in China this quarter after extending holiday shutdowns due to the potentially deadly coronavirus, a top supplier said.
January 30, 2020