Coronavirus impact on shipping unavoidable, Deputy Minister says

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Coronavirus impact on shipping unavoidable,...
 © In-Cyprus 2022
The impact of the coronavirus pandemic outbreak will be unavoidable Deputy Minister of Shipping Natasa Pilides has said, expressing hope that industry will bounce back as it will continue serving global trade.

“I believe the impact will be unavoidable both on the Cypriot economy and on Cyprus shipping through the financial results of the shipping companies which unfortunately will be affected,” Pilides said speaking to CNA.

The shipping and ship management industry in Cyprus is estimated to generate around 7% of the island’s GDP.

Noting that shipping will continue operating, the Deputy...

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Article automatically added to our system on Thursday, March 26, 2020

Coronavirus impact on shipping unavoidable, Deputy Minister says

Contents of this article including associated images are © In-Cyprus 2022
Views & opinions expressed are those of the author and/or In-Cyprus .

Article Tags: #coronavirus   #impact   #shipping   #unavoidable   #deputy   #minister  

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