Maritime transport survives Covid-19 shock.

DUBAI -- Global trade, shipping business and supply chain industry will return to growth next year following positive news on the coronavirus vaccine that will help restore confidence in the economy, experts say.

Top executives in logistics and shipping sectors said the Covid-19 pandemic sent shockwaves through global maritime transport during the first half of 2020 but it also laid the foundations for a transformed industry and associated supply chains that will help revive trade activity worldwide.

Sachin Gupta, general manager of Gulf Pinnacle Investments, UAE subsidiary of Gulf Pinnacle Logistics, said the pandemic hit global trade by causing disruption in supply chains, shipping networks and ports.

However, situation is improving due to quick progress on Covidvaccine...