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On Bears and Balls

A few years ago, at the height of the heady dry cargo boom and with a decline in the tanker market only an imperceptible glimmer on the horizon of a newbuilding delivery graph, I had the pleasure of playing golf with my father. It was the Connecticut Maritime Association’s Spring Golf Outing, a boisterous and very oversubscribed affair, with over seventy shipping foursomes. Cart loads of euphoric, very well paid and quite self-satisfied shipping professionals tearing around the Connecticut course, sporting shirts and caps emblazoned with the logos of their various brokerage firms, operating companies, ownership operations or chartering organizations.

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Written by: | Categories: Freshly Minted, Market Commentary | October 20th, 2011 |


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