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of The outbreak in China is a negative credit for port operators in the Asia-Pacific region, as it is disrupting domestic and global supply chains and reducing disposable consumer spending, which will reduce throughput growth in Asia-Pacific ports in 2020.

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"We expect Outbreaks will have a greater negative on ports than in 2003-severe acute respiratory syndrome (SARS) outbreaks, as China now accounts for a larger share of the global economy than 2003 The supply chain is more globally integrated. "Investor said in a report Tuesday.

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Moody's said that involving container ports, extended plant shutdowns in China, and containment measures by countries in the Asia-Pacific region hampered manufacturing and logistics.

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"We expect these factors to reduce container throughput growth, especially at Chinese ports such as Shanghai International Port (Group) Co., Ltd. and transshipment centers such as PSA Corporation Limited," it said.

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Some shipping companies, such as A.P. Moller-Maersk A / S and CMA CGM S.A., recently announced blank voyages, reducing demand for shipping in China, reflecting the decline in China's production and the outbreak of the epidemic that has led to sluggish global trade activity.

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It said that the current slowdown in Dragon's production would result in a backlog of orders, which would lead to delayed growth in trade activity once the situation improves.

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At the bulk cargo loading port, Moody's expects the country's energy demand to decline as China suspends production, which will cause related bulk cargo shipments such as iron ore, oil, LNG and coal to be hit.

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However, since India's rated ports for bulk cargo handling have nothing to do with China, it will not be affected.

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Moody's Expectations Outbreaks following cruise quarantine in Hong Kong and Japan to reduce cruise activity. Containment measures taken by various countries will reduce cruise docking at the terminal and therefore reduce revenue from this business activity.

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"That is, the potential reduction in cruise revenue and cash flow has limited on our rated ports Because they have very little exposure in the cruise market, "

By Rebecca French

Rebecca French writes books about Technology and smartwatches. Her books have received starred reviews in Technology Shout, Publishers Weekly, Library Journal, and Booklist. She is a New York Times and a USA Today Bestseller...