Sometimes graphs don’t tell the whole story. You might, for instance, look at the January completed S&P volumes chart compiled by VesselsValue and think that it’s been a muted few weeks. What’s been bubbling under the surface however is enormous interest and enquiries.

Brokers usually come into January over-refreshed, overweight and ready to gently ease themselves into the year in the traditionally quiet period between Christmas and Chinese New Year. That was not an option this year.

...