The Port Authority of New York and New Jersey has warned that 10 out of around 180 vessel arrivals due in March have been cancelled due to COVID-19 coronavirus disruptions in Asia. That’s a lower magnitude than comments from the Port of Los Angeles and AAPA indicated, though the port is less exposed than average to China. Traffic through New York had already been in decline with total traffic in January having slipped by 0.9%. That’s continued in the new year with a 13.6% drop in imports from China in January and a more modest 2.4% decline in February as the last of the pre-lunar new yea...
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