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.
It’s another day of PMA and ILWU negotiations (at this writing talks are ongoing and it is easy to forget that it was in the middle of baseball season [July] when the contract expired) and a new participant US Secretary of Labor Thomas Perez has now (maybe inevitably) put his oar into the troubled waters of the West Coast waterfront labor dispute.
Nordana has a wide variety of ships serving the ro-ro and breakbulk sector in services around the world. The Copenhagen-based shipowner operates liner and project divisions and is in the process of a major fleet renewal.
The trajectory is pointing up. Most agree that 2014 will be better than last year and much better than 2012. But the larger question is whether this is the beginning of a sustained growth period in air freight or merely an interlude between slumps?
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