Shipping hopes it is a case of ‘V’ for victory
Can we hope for a V-shaped recovery, or should we brace for a misshapen U? God forbid we even consider the prospect of an L-shaped non-recovery. The shape of things to come in economic terms will determine shipping’s ultimate fate amid the coronavirus crisis
Even amid the cashflow crunch that will likely take some casualties, there are those preparing for the upside that will come once the global supply chain eventually unplugs its current bottlenecks and global trade returns. We have to believe that Covid-19 hasn’t structurally changed the shipping markets