Volume 20 Issue 3
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Article Navigation >  Journal of Traffic and Transportation Engineering  > 2020  >  20(3): 159-167
ZHANG Yong-feng, GONG Jian-wei, YIN Ming. Influences and response measures of COVID-19 epidemic on shipping and port industry in China[J]. Journal of Traffic and Transportation Engineering, 2020, 20(3): 159-167. doi: 10.19818/j.cnki.1671-1637.2020.03.015
Citation: ZHANG Yong-feng, GONG Jian-wei, YIN Ming. Influences and response measures of COVID-19 epidemic on shipping and port industry in China[J]. Journal of Traffic and Transportation Engineering, 2020, 20(3): 159-167. doi: 10.19818/j.cnki.1671-1637.2020.03.015
shu

Influences and response measures of COVID-19 epidemic on shipping and port industry in China

doi: 10.19818/j.cnki.1671-1637.2020.03.015

  • Shanghai International Shipping Institute, Shanghai Maritime University, Shanghai 200082, China

Funds:

National Natural Science Foundation of China 71402096

Shanghai Philosophy and Social Science Planning Project 2019BGL009

More Information
  • Author Bio:

    ZHANG Yong-feng(1984-),male,lecturer,PhD, yfzhang@shmtu.edu.cn

  • Corresponding author: YIN Ming(1979-), male, professor, PhD, yinm@shmtu.edu.cn
  • Received Date: 2020-03-12
  • Publish Date: 2020-06-25
    Abstract
  • The impact of the COVID-19 epidemic on economy, trade and industry was analyzed, and the transmission mechanism and visual impact of shipping and industry under epidemic condition were discussed. Based on Granger test, questionnaire survey, enterprise research and expert interview, the overall impacts of shipping and port industry were evaluated. Focusing on different market segments, the different impacts on ports, containers, tankers, dry bulk cargoes, cruise ships and other subdivisions were evaluated. Combined with the current difficulties of the shipping and port industry, major countermeasures were put forward. Research result shows that the COVID-19 epidemic has taken a severe recession on global economy, trade and industry, and has been transmitted to the shipping industry by global supply chains. There is a strong Granger causal relationship between the COVID-19 daily new cases and the Baltic Dry Index. In the first quarter of 2020, the throughput of cargo and containers of main monitored ports in China were 105 353×104 t and 3 766.6×104 TEU, respectively, and year-on-year decrease by 3.5% and 8.6%, respectively. The epidemic has a greater short-term impact on dry bulk cargo, containers and oil tankers. In February 2020, the throughput of the eight major container hub ports declined by 19.8% year-on-year, and cruise passenger transport was hit by the overall closure. The recovery will be a slow process, and the COVID-19 epidemic will continue to have a negative impact on the shipping and port industry. It is suggested that some measures are put forward such as strengthening overseas port policy and port linking tracking, avoiding ship charter disputes and legal risks, improving the system of prevention and control of cruise ships, and promoting the development of smart ports and smart shipping.

     

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