Weekly Briefing: Box carrier spending spree | Bulker confidence wanes | Tanker outlook dims
Lloyd’s List’s weekly headline view of the stories shaping the key shipping markets
Sky-high profits have prompted container lines to return to yards in their droves. But rather than signalling a repeat of the boom-and-bust cycle that has long defined the sector, industry veteran Otto Schacht says ‘this time is different’ with the industry on much firmer footing. Meanwhile, there are signs that confidence in the volatile capsize market is fading, much like the prospects for downtrodden tankers