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Shipping sector outlook: Container prices spike while tanker rates plunge

After the initial disruption, last year ended better than expected for global shipping. The industry will benefit from world trade recovery in 2021, with average seaborne trade volumes expected to end above pre-pandemic levels, yet underlying differences are significant. China is one of the driving forces behind the recovery, so shipping traffic through Asia leads ...

The post Shipping sector outlook: Container prices spike while tanker rates plunge first appeared on Hellenic Shipping News Worldwide.

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After the initial disruption, last year ended better than expected for global shipping. The industry will benefit from world trade recovery in 2021, with average seaborne trade volumes expected to end above pre-pandemic levels, yet underlying differences are significant. China is one of the driving forces behind the recovery, so shipping traffic through Asia leads ...

The post Shipping sector outlook: Container prices spike while tanker rates plunge first appeared on Hellenic Shipping News Worldwide. [post_title] => Shipping sector outlook: Container prices spike while tanker rates plunge [post_excerpt] => After the initial disruption, last year ended better than expected for global shipping. The industry will benefit from world trade recovery in 2021, with average seaborne trade volumes expected to end above pre-pandemic levels, yet underlying differenc... [post_status] => publish [comment_status] => open [ping_status] => closed [post_password] => [post_name] => shipping-sector-outlook-container-prices-spike-while-tanker-rates-plunge [to_ping] => [pinged] => [post_modified] => 2021-03-17 22:00:57 [post_modified_gmt] => 2021-03-17 22:00:57 [post_content_filtered] => [post_parent] => 0 [guid] => https://www.hellenicshippingnews.com/?p=859746 [menu_order] => 0 [post_type] => news [post_mime_type] => [comment_count] => 0 [filter] => raw )