Ultra large box ships and the distorted shipping cycle
Received wisdom – are the wheels coming off?
Italo-Swiss firm Mediterranean Shipping Company (MSC) doesn’t intend to give up its quest for world dominance in shipping, despite the obvious risk that its hard-thought, bellicose strategy carries in principle.
It’s easy to argue that there is more than meets the eye with Geneva, you probably know that.
Yet, the narrative concerning its unprecedented buying spree of second-hand tonnage was further reinforced yesterday, 21 September. Read this now, keeping preliminarily in mind, as ...
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