Certainly . . . . . . uncertain

This time last year carriers were celebrating a solid performance in the trade with southeast Asia. Imports were still booming, exports were recovering, rates rising slowly and the true pain of runaway bunker prices yet to be inflicted.

Most importantly, the trade was stable.

Since then quite a bit has happened. Oil prices skyrocketed and then fell back to earth. After a steady year southbound volumes fell off a cliff in December and have continued to fall.

...

This full article is available to Lloyd's List DCN subscribers only.

If you are already a subscriber, please sign in below.

If you're not a subscriber and would like to experience the full benefits of Lloyd's List DCN with a 14 day trial, please click here.

Alternatively, click here to subscribe.

Please log in

Forgot your password?

If you have forgotten your password, click here to retrieve it.

Login Name

Password

Daily Top Stories

• Piracy incidents fall but ransoms up
• Iron ore imports key to Japan’s bounce back
• Singapore displaces Germany in logistics performance
• DP World’s EBA gets final endorsement
• New planning controls for Vic ports