Container shipping is not going to return to normal, according to Otto Schacht, the head of sea logistics at Kuehne+Nagel. The lines have a unique opportunity to permanently end the boom and bust cycles that have destroyed so much shareholder value over the years, and create an industry able to make decent money in bad times as well as good.

Speaking of what happens next, the Lloyd’s List mid-year Markets Outlook finds shipowners in a better place than they anticipated 12 months ago. While tankers will have to wait for a meaningful vaccine-led recovery, box and bulk are booming, with prospects of earnings stretching well into 2022. Our exclusive report examines all key sectors plus the regulation, insurance and finance outlook. Required reading for everyone in shipping! Check it out here:

https://lloydslist.maritimeintelligence.informa.com/special-reports/2021/Special-report-Half-year-outlook-2021