At the beginning of 2020, the COVID-19 suddenly hit. With the rapid spread of the epidemic throughout the country and even the world, the demand for international maritime trade was significantly impacted. The market generally believes that the impact of this epidemic will be much greater than that of SARS in 2003, mainly due to the current far-reaching influence of China's maritime trade in the global market. The outbreak of COVID-19 in China has had a significant short-term impact on the global shipping market. The Clarkson Shipping Index has dropped from $22299/day at the beginning of the year to $12674/day at the end of February, a drop of 43.2%. Segmented markets have also been affected to varying degrees.

From the perspective of the new shipbuilding market, in recent years, due to the sluggish global shipping demand, the performance of the global new shipbuilding market has continued to be weak. This epidemic has made it even worse for Chinese and even global shipbuilding enterprises. In order to conduct a detailed analysis of the impact of the epidemic on the global shipping industry, this bulletin is specially written.

This article is divided into three parts. The first part introduces the analysis of the impact of the epidemic on the global shipping market, including its impact on the overall market and its impact on the three segmented markets of dry bulk carriers, oil tankers, and container ships. The second part introduces the impact of the epidemic on the global shipbuilding industry. The third part proposes relevant suggestions for China's shipping enterprises based on the previous analysis.