ATHENS, Sept. 8 (Xinhua) -- In its Annual Report 2019-2020, the Union of Greek Greek Shipowners (UGS) is calling for measures to help the sector deal with the impact of the COVID-19 pandemic, the Greek newspaper "Kathimerini" reported on Tuesday.
"Shipping has inevitably also been hit by the global economic and trade shocks caused by the pandemic, resulting in a major deterioration of the freight markets, where there has been a drastic drop in freight rates and in demand for maritime transport services to almost zero for some categories of ships," UGS President Theodore Veniamis said.