Weekly briefing: Container congestion spreads | Dry bulk attracts attention | Tankers look to the skies in dread
Lloyd’s List’s weekly headline view of the stories shaping the key shipping markets
Emotions are running high in the box sector as the crisis pushes spot freight rates to ever higher levels, squeezing shippers’ margins and turning up the volume on frustrated calls for the sector to face tighter regulation (not that this will help). The sizzling dry bulk sector meanwhile has attracted new plays from both box operator Costamare and former tanker tycoon Tor Olav Trøim, proving that bulk is now the place to be. Tankers, sadly, is not the place to be, unless your play is very, very long.