May 21, 2020 / 6:08 PM / 10 days ago

BRIEF-Fitch Says North American Ports Largely Shielded From Coronavirus Fallout

May 21 (Reuters) - Fitch:

* FITCH SAYS NORTH AMERICAN PORTS LARGELY SHIELDED FROM CORONAVIRUS FALLOUT

* FITCH SAYS NORTH AMERICAN PORTS HAVE NUMEROUS SAFEGUARDS AND STRONG FINANCIAL CUSHION ON THEIR SIDE TO WEATHER SIZABLE RIPPLE EFFECT OF CORONAVIRUS

* FITCH SAYS PORTS THAT PRIMARILY HANDLE CARGO ARE EXPECTED TO FARE BETTER THAN THOSE WITH SUBSTANTIAL CRUISE OPERATIONS

* FITCH SAYS NORTH AMERICAN PORTS ARE EXPECTED TO FACE SUBSTANTIAL VOLUME STRESS FOR BALANCE OF 2020 Source text for Eikon:

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