Against the odds: Expeditors – a (brief?) fall from grace
Don’t cry wolf
This is one to print and keep. Simply fascinating stuff from Martin Stopford, who, for those who aren’t familiar with his name, is a front-runner for the mantle of “greatest living maritime economist”. In recent years, Mr Stopford has been wrestling with the idea of how to make shipping profits sustainable. He argues that currently “ships are standalone production units, run by small companies with tight overheads. But the business model is facing diminishing returns; shortage of skilled officers and ...
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