Impact of Sars-Cov-2 virus on Maritime Traffic in the Port of Ploce

Abstract

The paper investigates the impact of the SARS-COV-2 virus pandemics on overall cargo operations, using the company Luka Ploce Ltd. as an example. Luka Ploce Ltd (Port of Ploce) is a joint venture for maritime transport services, port services, warehousing and freight forwarding. Company data from the period from 2016 to 2019 was analysed using the prognostic ARIMA model (1.1.1) in order to predict volume of the cargo operations in 2020. The prognostic model predicted average increase of the cargo transhipments close to 10%. That prediction is compared with the actual results of the Luka Ploce Ltd for the first half of the 2020. The comparison is showing that there was a significant decrease of the transhipments of the cargo of almost 32%, with some exceptions due to delay in deliveries and urgent supplies of medical equipment.