Another major Singapore maritime-related conference has fallen victim to the coronavirus outbreak now spreading across the world.

Singapore Iron Ore Week, which was due to take place between the 18 and 21 May 2020, has been cancelled, it has been confirmed.

“In view of the ongoing Covid-19 situation, we have decided to cancel the 2020 Singapore International Ferrous Week (formerly known as Singapore Iron Ore Week) and the Singapore Iron Ore Forum at Sands Expo & Convention Centre,” said the Singapore Exchange (SGX) which is the event organizer.

“We are taking extra precaution for the health and safety of our clients, partners and stakeholders in the ferrous industry.”

The event, founded in 2013, brings together the major names in the iron ore and steel making industries such as Rio Tinto, Vale, BHP and Cargill.

Singapore is said to have become world’s second largest metals and minerals trading hub after Switzerland with over 200 companies involved in the sector.

Last week the Maritime Port Authority (MPA) postponed Singapore Maritime Week which was due to take place at the end of April for similar reasons.

Separately, Marine Money has been forced to reschedule its conference in Dubai, which was scheduled to be held next week to late November 2020.

“In the last few days and weeks governments and businesses around the world have stepped up their efforts to contain the spread of Covid-19 and, as a result, travel restrictions and other precautionary measures have made it difficult for some of our clients and supporters to attend our conference in Dubai,” Maine Money said.