The Economist

The spectre of mass insolvency and bankruptcy appears to be behind us as the maritime industry roars to the end of 2010 with excellent financial results for the first half of the…

After over a year of a constant stream of depressing financial reporting from shipping lines terminal operators and port authorities we are finally seeing positive numbers being announced in the financial results.

The latest G20 meeting resulted in a communique that endorses austerity and debt reduction.

The global container terminal operators reported profits in 2009 despite the shipping global recession and shipping calamity.

One of the key issues to emerge at the 12th Global Liner Shipping conference in London was the continuing mistrust between shippers and carriers.

At the recent Journal of Commerce conference in Oakland (TPM) one of the major carrier’s chief executives suggested that the industry had not been ready for the boom in cargo and had…