Weekly Briefing: Box orders boom | Tankers await Opec direction | Dry hits summer lull
Lloyd’s List’s weekly headline view of the stories shaping the key shipping markets
As with dogs and Christmas, a containership is not just for the crisis, and the lesson from the previous decade is that overcapacity is easy to achieve but hard to relieve. But tell that to those owners hanging around the yards. The optimism in dry bulk has not disappeared, it’s just taking a summer break as short-term headwinds dampen rates from the recent highs. Energy shipping meanwhile is now mired in politics — deadlocked talks between Opec states about how much crude to return to the market are not good for tanker markets
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