Running a shipping business in Asia is not easy right now. Most borders remain firmly shut, while snap lockdowns come and go. Despite the difficulties caused by Covid-19, shipping in Asia continues to power ahead.

Asian owners and operators in the dry bulk and container shipping sectors are raking in the cash, while tanker players, who had a banner year in 2020, look on in envy. Struggling offshore players, meanwhile, wonder when their business will ever get out from under a very dark cloud.