Pacific Basin reports significantly stronger start to the year than usual

2021 began significantly better than previous years, reports dry bulk operator Pacific Basin. This is due to factors such as coronavirus restrictions and stranded coal cargoes off China, which pull capacity from the market. A low orderbook makes optimism continue.

Photo: PR / Pacific Basin

Read this article for free

Register with your E-mail.
No credit card required.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

World bank calls LNG a dead end as fuel for shipping

LNG is a risk-fraught waste of time as a fuel for shipping, and it will only delay the transition to sustainable fuels, warned the the UK's High-Level Climate Action Champion at the presentation of an LNG report from the World Bank.

Further reading

Related articles

Latest news

See all jobs