This was meant to have been a year that led to what BRS Group chairman Tim Jones described as “a healthier and more sustainable future for shipping”.

Barely had the ink dried on the Paris-headquartered shipbroker's annual review last week when the spread of the coronavirus shifted attention onto the caveats that would upset its predictions.

Just a month ago, tanker, container and even bulker markets were expected to move ahead on a firmer footing.