Japan's shipping industry and services will be hit across the board by the massive 8.9 magnitude earthquake and tsunami that slammed the country Friday, according to an initial assessment of the impact by BIMCO, the independent shipping association in Copenhagen.

The recent earthquate and tsunami in Japan will have an effect on the shipping industry for quite awhile.  BIMCO - an independent shipping association in Copenhagen has published a report regarding the impact on shipping ports, lanes and services.

Check out the full report by BIMCO.

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