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Andrea Olivi (left), head of wet freight shipping, and Alan Cumming, head of dry freight shipping at Trafigura. The pair said 2020 has shown that unexpected, black-swan events do not always happen in isolation. Photo: Trafigura (composite)

'Black swans come in flocks': What Trafigura's shipping chiefs learned in 2020

This year has shown that unexpected events are not always isolated, according to the commodity trader's heads of dry and wet freight

14 December 2020 12:16 GMT Updated 14 December 2020 12:16 GMT

By Holly Birkett

in London

The heads of Trafigura's dry and wet shipping divisions answered almost in unison when asked what

Tankers

'Black swans come in flocks': What Trafigura's shipping chiefs learned in 2020