Bulk carrier owners have enjoyed a fabulous twelve months. Around the world, governments have responded to the economic disruption caused by Coronavirus by throwing monetarist dogma out of the window and loosening fiscal policy significantly. In other words, they are trying to spend their way out of an economic slump. This has largely worked so far, with a V-shaped recovery in construction, infrastructure and manufacturing around the world. In fact the recovery has been so s

Container Dialogue I’ve had a number of questions recently about the state of the container shipping market. I thought I’d write down some of these and my shorter answers to them. What is the state of the container shipping market across the globe at the moment? 2021 has been the best year ever for liner company profitability. All the big liners – Maersk, MSC, CMA-CGM, Hapag-Lloyd, Ocean Network Express, COSCO, and Hyundai Merchant Marine – have reported a huge rise in prof