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CMA Shipping 2011

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The Hope is Right in Our Hands

Since September 2008, the international shipping industry has been undergoing an unprecedented “catastrophe” in one century, which has incurred great loss to the shipowners in the whole world. That catastrophe is caused by the following two reasons: one is due to the global economic crisis brought by financial tsunami; the other is due to the severe surplus of tonnage supply. Under such double pressure, people are expecting the market to recover soon. But how can it be recovered?

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