With the onset of the Covid-19 pandemic in the first quarter of 2020, it did not look like being a good year for container shipping, but a very different picture has emerged in the second half with sharp demand growth on major trades, a shortage of containers and soaring freight rates, reports Seatrade Maritime News.
Concern over fuel pricesThe year actually started with concern over fuel prices as very low sulfur fuel oil (VLFSO) prices soared as the IMO 2020 low sulfur regulation came into...
https://mfame.guru/the-year-of-unexpected-turnaround-for-container-shipping/