Shipping Faces Some Grim Realities

What if the predictions of economic recovery are wrong? Clay Maitland takes a hard look at the prospects for the future, and it’s not necessarily a pretty picture. 

I commend to your attention the article posted earlier this month by Clay Maitland on his blogsite. In his own inimitable style, he presents the case that shipping companies are not coming to grips with the new harsh reality of a lingering and resilient worldwide recession affecting world trade. See his full text at http://www.claymaitland.com/2012/08/01/shipping-faces-some-grim-realities/.
Mr. Maitland is a well-known figure and astute observer of the international maritime scene. He is managing partner of International Registries, Inc., and chairman of the North American Marine Environment Protection Association. He will be the keynote speaker at the SHIPPINGInsight 2012 Fleet Optimization Conference in Stamford, Conn., October 8-10. I can guarantee you’ll find his comments illuminating, interesting and entertaining.  Register online now at www.shippinginsight.com, to take advantage of early-bird discounts.