This past year has been the most unpredictable since 2008, when dry bulk rates reached a record high and record low — all within six months. We entered 2020 with optimism supported by positive market fundamentals, wide fuel spreads, and catalysts for increased scrapping. Of course, Covid-19 dramatically changed the world.
About the New Normal series
After a year like no other, TradeWinds asked 40 shipping industry stakeholders what they see for 2021 after a year beset by the coronavirus, and how the pandemic will shape shipping's future.
