WORLDChina Coronavirus Causes 83 Percent Plunge in Maritime Shipping RatesSavePrintShipping containers are unloaded at the Port of Los Angeles in Long Beach, California on May 14, 2019. Mark Ralston/AFP via Getty ImagesChriss Street2/11/2020|Updated: 2/12/2020News AnalysisThe Baltic Dry Index that represents the average price to ship an ocean-going container has plunged since early September by over 83 percent to a price of $411 on Feb. 11.Share this articleLeave a commentChriss StreetAuthorAuthor’s Selected ArticlesChina’s Official Food Reserves Data Called Into QuestionJul 31, 2020China Floods Causing US Agricultural Export BoomJul 27, 2020US Set to Reshore Manufacturing as China Demographic Time Bomb ExplodesMay 01, 2020CCP Virus Threatens to Destroy China’s $3.87 Trillion Belt and Road InitiativeApr 22, 2020Related Topicscoronavirusmaritime shippingglobal supply