Weekly Briefing: Box and bulk owners celebrate new year cheer; tankers content with negative earnings
Lloyd’s List’s weekly headline view of the stories shaping the key shipping markets
Box bottlenecks look likely to fuel high rates for the foreseeable future and dry bulk owners have been rejoicing at the unusually positive start to the year. Tanker owners, however, are contending with a negative, pandemic-fuelled outlook — spot earnings on most benchmark routes are below operating costs