After the most turbulent year, shipping ends 2020 in a quiet state of renewed hope and a bit of razzle dazzle.
Certainly, there is exuberance on the China to Brazil trade, with container rates up by 750% since the summer.
Spot charter rates for VLGCs have also just hit five-year highs while shipping stocks in New York have notched up a fifth straight week of wins on 11 December against wider leading indices.
