If you were to explain developments in the maritime industry during 2021 in a single phrase, it would be "Covid-19," which, in general, looks to be the case in the new year as well.
It was the coronavirus pandemic that shut the world down and had people buying goods like never before. And these were transported on container ships, which then filled up ports so the ships could neither load nor unload, prompting rates to skyrocket and customers to instead begin to charter dry bulk and special cargo vessels, which then saw a veritable rate shock not seen for at least a decade.
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