Stratfor: Container Ship Overcapacity Problem

The global shipping industry is oversupplied. Because supply far exceeds demand, shipping rates have plummeted, as have the prices of ships. Some shipping companies have sought to capitalize on this trend by purchasing newer, larger ships at lower prices so that they can remain price competitive. But unless demand rebounds by the time these ships …

The Global Economics of Cargo

by Elliott Morss Introduction Any world traveler should know the answer to these questions: Where can you fly for 18 hours without the sun setting; Where can you fly for 18 hours starting in daylight, then dark, and land in daylight? Hint: You can do both on the same route.  Answer later. As a development …