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What is Shipping Market Overview 2013 Insights about?

The document provides an overview of the global shipping market. It discusses trends in seaborne trade, the world fleet and shipbuilding, and market positioning. Seaborne trade grew at an average of 4% per year over the past decade and is projected to continue growing at 4-5% annually through 2024, led by imports to China and other Asian economies. The world merchant fleet expanded rapidly until 2004 but growth has slowed in recent years. Tanker, bulker, and container ship earnings remain well below histori

Author

William Ferguson

Language

EN