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COVID-19 Virus: IMO headquarters closed …As IMF urges coordinated, proportionate response to virus

IMO headquarters, London The International Maritime Organisation IMO headquarters building is closed to visitors and members of staff, on Thursday 12 and Friday 13 March, as a precautionary measure due…
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Global economy faces gravest threat over spread of coronavirus …As oil traders, financial investors anticipate severe slowdown

The coronavirus Covid-19 presents the global economy with its greatest danger since the financial crisis, according to the OECD’s latest Interim Economic Outlook. Meanwhile, Oil traders and other financial investors…
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China offers force majeure shield for businesses affected by coronavirus outbreak …As sailing cancellations hurt Royal Caribbean’s earnings

China is offering force majeure certificates to local companies, if they are unable to fulfill their international contractual obligations due to the coronavirus outbreak, the China Council for the Promotion…
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