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Grim outlook continues for shipping

Sector has become a non-industry for banks that are in no rush to return

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Why has shipping got it so wrong?

The objectives of many investors in the publicly quoted companies were to chase short-term gains in ship values while cutting costs in all directions

A long winter for shipping

Excess ship supply and declining values, combined with a lack of funding, provide a gloomy outlook

A wintry outlook for shipping

A closer relationship between shipowners and cargo interests is essential





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