Does size matter?

By Mary-Irene Alexandrakis, MSc Candidate in Transportation at MIT

Yes, the title does sound suspicious, but it’s a pretty straightforward question. Does size matter in the shipping industry? Is it important for shipping companies to keep buying ships? Is it important that the shipping companies expand to establish global network coverage? Do they need to keep on expanding in order to deal with the competition? The past year we have seen a lot of ups and downs in the shipping sector, but mostly downs. If we check which companies actually survived and made it to the top of our

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