For H&DR logistics, Dan Stanton (aka: Mr. Supply Chain) sent a link to a podcast of interest.
This episode is a chat between a couple of salty dogs about how the Coronavirus is affecting trade in, and with, China. Putting this particular crisis into a bigger perspective — both in terms of the history of maritime trade, and the interconnectedness of today’s global business and our supply chains. A few teasers:
– Combined effects of the Coronavirus with IMO 2020 rules.
– Explanation of Force Majeure, and where it came from.
– History of the Baltic Dry Index.
– Unique challenges that the current crisis could create for LNG tankers. BTW, the United States is one of the largest LNG exporters.
– How China (or other nations) might react if this virus leads to food shortages and/ or an economic crisis.