Coronavirus Infection Rate Falls

(Global) New Cases in Hubei Slow

The rate of new reported cases of coronavirus has slowed in China, indicating that the outbreak may be beginning to be contained.

Authorities in Hubei province reported that the number of new infections was 1,600 on Wednesday, down compared to a previous rate of around 5,000 per day.

Global transport supply chains have been rocked by the outbreak which has resulted in port closures and severe delays in many key trade routes. The full impact for breakbulk operators remains to be seen as even with a slowdown in new infections the virus remains one of the top threats to the global economy.

Warning that the first proper vaccine was as much as 18 months away, Dr Tedros Adhanom Ghebreyesus of the World Health Organisation has warned that the virus is “more powerful in creating political, social and economic upheaval than any terrorist attack. It's the worst enemy you can imagine."