Economics

Europe’s Largest Port Says Virus Impact to Get More Severe

  • Throughput could decline by as much as 20% on annual basis
  • Oil storage facilities at port already ‘quite full,’ says CEO
IMF Says Global Economy Will Shrink 3% This Year
Lock
This article is for subscribers only.

Sign up here for our daily coronavirus newsletter on what you need to know, and subscribe to our Covid-19 podcast for the latest news and analysis.

The coronavirus is set to further damage trade in the coming months, threatening supply chains and causing oil inventories to swell, according to the head of Europe’s largest port, Rotterdam.