The race is on for shipowners to build a new generation of 20,000 TEU container ships. These ultra large containerships stagger the imagination in their sheer scale and massive carrying capacity. But ultimately the big question is whether big ships will equal big profits.
For the past two years the Port of Boston has posted some solid numbers based on improved port efficiencies.
For nearly a decade the major economies of South America rode a growth wave propelled by high prices for export commodities. In 2014 the wave crashed down as commodity prices dropped. Now it is a question of who will recover quickest and best, economies like Chile on the west coast or the mega-economy Brazil.
Dry bulk shipping has had a difficult run over the last twelve months and the outlook for the Year of the Goat is looking pretty cantankerous.
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