Weekly Briefing: ‘No end in sight’ for container congestion | Dry bulk spot market loses steam | An end to the tankers earnings rout?
Lloyd’s List’s weekly headline view of the stories shaping the key shipping markets
Hope that container shipping congestion could start to ease by the Chinese New Year appears to be waning, with analysts indicating the crisis could last through to 2023. In the dry bulk segment, numerous factors have exerted downward pressure on the spot market this week, while the extent of ongoing Chinese port congestion will be crucial for the direction of rates in the coming weeks