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Build It, But Will They Come?

For a very long time, now, the news unrelentingly reports financial disasters – plunging freight rates, collapsing vessel values, failing companies, laid up vessels by the hundreds, and the demise of numerous shipping ventures.
But, though cold comfort to those who have seen the recent economic cycle destroy their fortunes, for the longer term, port development projects already under way and those in the planning stage are based on forecasts of increased trade and therefore substantial growth in ocean transportation.

This is only an excerpt of Build It, But Will They Come?

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Written by: | Categories: Marine Money | January 1st, 2012 |

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