Everything’s connected in ocean shipping. Very high demand for ships in one segment can affect supply-demand fundamentals for entirely different vessel types.
It’s happening now. Container shipping is so strong that reverberations are being felt in dry bulk. Spillover effects are boosting dry bulk fundamentals just as demand for traditional cargoes is rising. Spot rates have not been this high since the late 2000s.
“Dry bulk shipping has had the best start to a year in over a decade,” affirmed...
https://s29755.pcdn.co/news/container-shipping-boom-is-bleeding-over-into-dry-bulk