Comment / The bright side of the ocean shipping trade

ID 1256554 © Anton Novozhilov | Dreamstime.com

We have spent enough words and time recently highlighting the risks weighing on container shipping, both from a balance sheet and operational perspective, just as rolling over shipper contracts profitably is quite a mission.

Yesterday, however, one ocean guru casually reminded Premium how easy it is for the bears to be very bearish and “very wrong” with their assertions and bleak predictions “these days, as so often happened in the past”.

And, pertinently, his remarks were backed by research from Bernstein, with ...