Day rates for the movement of goods around the world hit their peak in early 2008, a few months before the global financial crisis. Which direction are these same prices heading in now, and can the shipping industry help predict the direction of the global economy?
Munshi Ahmed / Bloomberg
A port in Singapore. Around 90 per cent of all the world’s goods are transported by sea, meaning that when economic activity is strong, the shipping industry is buoyant.
No comments:
Post a Comment