Documentos

Early 2020, the unaware pessimists were predicting total collapse of the container
carriers, both on the revenue side and on the profit side. The bulk commodities, except
for crude oil tankers, were seen as immune to the containerised trade. The first
half of 2020 seemed to bear those pessimistic sentiments. According to Clarksons Research, in May 2020 nearly 12% of the entire global fleet was idle. Meanwhile, the ocean-going ships in service struggled with impossibility of crew rotations stranding thousands of sailors at sea.