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From Beijing 2008 to London 2012 – Reflections on four extra-ordinairy years in the shipping industry and looking beyond

05 September 2012

All stakeholders in shipping realize that the business is cyclical, and the most important challenge is to predict the ups and downs and plan accordingly.  But few had in their wildest fantasies predicted the financial crisis that hit the world four years ago, and the significant drop in cargo volumes and the major impact this had on all shipping markets.