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It’s Not All Gloom and Doom.

After a steady diet of stories in the maritime trade press about shipping companies teetering on the verge of insolvency, it was refreshing to read the latest news from Neptune Orient Line (Lloyd’s List, Sept. 2). The Singapore-based shipowner reported…

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Gloomy News

If you want a snapshot of the state of the shipowning business, just look at the headlines in the August 16 issue of Lloyd’s List, reporting on quarterly earnings reports from publicly held shipowners. “Thoresen Shipping Reports Operating Loss” “Torm…

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