The impact of Covid-19 pandemic: A review on maritime sectors in Malaysia

The impact of Covid-19 pandemic: A review on maritime sectors in Malaysia

The coronavirus disease 2019 or Covid-19 pandemic has affected many operations worldwide. This predicament also owes to the lockdown measures imposed by the affected countries. The total lockdown or partial lockdown devised by countries all over the world meant that most economic activities, be put...

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Bibliographic Details
Published in:Ocean & coastal management Vol. 209; p. 105638
Main Authors: Menhat, Masha, Mohd Zaideen, Izyan Munirah, Yusuf, Yahaya, Salleh, Nurul Haqimin Mohd, Zamri, Meor Azry, Jeevan, Jagan
Format: Journal Article
Language:English
Published: England Elsevier Ltd 01-08-2021
Subjects:
Covid-19
Fisheries
Maritime tourism
Oil and gas
Shipping
The economic stimulus package
The economic stimulus package
Fisheries
Oil and gas
Shipping
Covid-19
Maritime tourism
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Summary:The coronavirus disease 2019 or Covid-19 pandemic has affected many operations worldwide. This predicament also owes to the lockdown measures imposed by the affected countries. The total lockdown or partial lockdown devised by countries all over the world meant that most economic activities, be put on hold until the outbreak is contained. The decisions made by authorities of each affected country differs according to various factors, including the country's financial stability. This paper reviews the impact of Covid-19 pandemic on maritime sectors, specifically shipping, fisheries, maritime tourism, and oil and gas sector. The period of this study covers economic activities between the month of January towards the end of July 2020. Also discussed in this journal, is the analysis of the potential post-outbreak situation and the economic stimulus package. This paper serves as a reference for future research on this topic. [Display omitted] •COVID-19 adversely affects the maritime industry in Malaysia.•Staff termination and salary cut-off are among the business coping strategies.•Malaysia's economic stimulus package could mediate the impact of the pandemic.•All maritime sectors need to become agile and resilient in adapting to this changing situation.
Bibliography:ObjectType-Article-2
SourceType-Scholarly Journals-1
ObjectType-Feature-3
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ObjectType-Review-1
ISSN:0964-5691
1873-524X
DOI:10.1016/j.ocecoaman.2021.105638