Yantian container terminal may have reopened to its full capacity but there’s still plenty of ports congestion in the system. Meanwhile, in the bulkers sector enthusiasm for new tonnage shows no sign of cooling and tankers are sailing on a sea of troubles

Shorter supply chains offer a degree of resilience that appeals to cargo owners. But changing the habits of globalisation will not be easy

The frosty relationship between China and Australia has already affected trade in commodities such as coal, barley and cotton but Beijing will find it more difficult to find alternative suppliers of iron ore. Meanwhile, Lloyd’s List crunches the numbers on the boxship pile-up around China’s southern ports

With Yantian only slowly coming back to operation, carriers are still diverting vessels away from southern China. But a significant number of ships still remain at anchor

Greece-based company acquired 15 secondhand container vessels in the first five months of this year, but with prices soaring in its main sector, dry bulk will have seemed to offer greater bang for the buck right now

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.

With surging freight rates, even small ships can be profitable. But new market entrants may be a short-term phenomenon

The container line industry has collectively ordered a staggering volume of newbuilding tonnage since the fourth quarter of 2020. The transpacific trade will play a role in how this capacity is absorbed into the market