Carrier Profits Assured in 2021, Container Shipping Disrupted

After a down and up year in container volumes, the current logjams in the system and unbalanced trades will take months to resolve.
It allows carriers to profit from high freight rates, and tonnage providers to enjoy lofty charter rates.
Once the situation normalises, however – and consumers begin spending more on services and less on goods – structural overcapacity will again become a focal point.

Peter Sand writes for BIMCO on the continued disruption and its impact as well as carrier...