Weekly Briefing: Box orders return | BDI hits five month high | Tanker mull peak oil hitting in 2026
Lloyd’s List’s weekly headline view of the stories shaping the key shipping markets
The containership orderbook has remained relatively constrained, but with new deals emerging that could be changing. In dry bulk, panamax and supramax rates have been responsible to driving up the Baltic Dry Index to a five-month high while in the wet markets, average rates for the largest tankers have been below zero for 47 consecutive days and things don’t look much better long-term, with peak oil predicted to arrive in 2026