HSBC's Jain on Shipping Sector Outlook

The video discusses the impact of typhoons and COVID-19 on the shipping industry, highlighting how supply chain disruptions have shifted to demand concerns. It examines the sector's outlook, noting the cyclicality of freight rates and the arrival of new vessels. Despite a decline in freight rates, the industry is moving towards normalization, with a leaner supply chain expected to maintain profitability in the coming decade.

Discuss the impact of new vessel arrivals on the shipping industry's profitability.

What are the expectations regarding supply chain disruptions in the future?