Following the global onset of the COVID-19 pandemic in 2020, and its immediate and widespread impact on shipping and international trade, Reed Smith decided to conduct a survey to discover what impact participants consider the pandemic will have on the shipping industry in the longer term.
In light of the responses, the legal firm has produced this report to record the range of views as to how COVID-19 has affected the shipping industry, and how it will continue to do so. As the sector starts to return to the “new normal”, the report takes a look at how COVID-19 has altered the business of shipping, and whether it has created any opportunities to change the industry for the better.
