Coronavirus causes disruptions – Grindrod
CAPE TOWN – The coronavirus had disrupted demand and trading patterns for both the drybulk and product tanker markets, Grindrod Shipping Holdngs chief executive Martyn Wade said on Wednesday.
The disruptions had shown the high degree of interdependence of all regions and industries, he said at the release of the financial results yesterday.
Grindrod Shipping Holdings has reported a $35.4 million loss for the year ended December 31. The loss was impacted by $14.3m of non-cash impairment charges.
Source: iol.co.za
