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After a period of runaway
success with rates and prices rising to unprecedented
levels, is the global shipping industry looking at wave of
uncertainties? Predictably, the barrel price has hit the
roof. Ship prices have never been so high. The Baltic Index
reached historic and dizzy heights….Opportunities are
abundant but ships are in short supply; order books are
bloated and yards have no more berths to build more.
The wait is vexing and the queue gets longer.
The next 12 months will see more ships – bulkers, tankers
and containerships – come on stream in an unprecedented
manner. But how will the market respond? Has the dry bulk
rates peaked? Are tanker and container rates poised to dive
after a heady period that lined the pockets of many?
New regimes and regulations and manning shortages are new
challenges in operation and technical management are
beginning to cope with. Is it commitment or compliance that
pressures shipowners who must respond to the challenges
posed by changing shipping trends, regimes and technologies,
a changing global trading regime,
What and how will some of these trends and forces impact on
the shipping industry?
These are some of the issues that will be discussed at the
2-day 5th Asia Maritime & Logistics Conference and
Exhibition 2008, organized by the Malaysian Shipowners
Association. A static exhibition comprising 100 booths will
be held in conjunction with the Conference at the same
venue. |
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