The Economist – Page 7
-
NewsMemory loss the bane of the industry
If someone suffers from memory loss or senility, then the shipping industry is where to be. The industry bounces from crisis to euphoria and then appears to forget how it got there, but as the events will be repeated every two to four years we do not need much of ...
-
NewsRed-Med railway pipe dream
The Israeli government has approved the construction of a railway line from the Port of Eilat to the national railway grid, linking it to the Mediterranean ports of Ashdod and Haifa.
-
NewsA bad dose of post-holiday blues
Never let it be said that economists are an optimistic bunch; we have a tendency to look for the downside in statistics, looking for reasons to scale things back to suggest that there is worse to come.
-
NewsWestern malaise only mildly infectious
The West consumes, the East produces, the population split is 1 billion vs 6 billion, and yet it seems strange that when the former catches a cold we expect the latter to sicken as well. The reality is quite different.
-
NewsFinancial roulette: the new game in town
It seems to me, as an interested observer, that the western hemisphere is in a gambling mood. There is a lot of hedging and slight of hand going on in the supposed rescue of the European banking system and Greece.
-
News
The medicine that damages the patient
It can be argued that too much belt tightening may not be a good thing: we can see a parallel with the fiscal measures used to fight excess debt at the sovereign levels.
-
NewsThe fiscal crisis has landed
The global economy is entering a difficult period, the outcome of which we cannot guess at this stage.
-
NewsAn Asian dilemma
Travelling around Asia opens the mind as there are events taking place here that introduce new issues, and these suggest we may not always have been looking in the right direction.
-
NewsRe-inventing the wheel
Terminal operators today are moving to re-define their role, to come up with an identity that clarifies what they do. At least that is the case in container terminals; bulk terminals have a more clearly defined role.
-
NewsFinding the right coping mechanisms
The wider impact of the the Japanese tsunami and subsequent radiation leaks has broad repercussions for the shipping and ports industry.
-
NewsCaution counselled as uncertainty rules
Our industry expects economists to provide forecasts for the months and years ahead, prognosticating about demand and supply as well as financial returns. We spout optimism and pessimism with equanimity, but often with a lag.
-
NewsPromises of a good year
Being an economist is not easy. We are expected to have an opinion on the state of the economy but are usually castigated for our views.
-
NewsSurviving 2010 not a panacea for 2011
What a wonderful year 2010 was: the container shipping industry has survived and even those on the edge of oblivion managed to get pulled back.
-
NewsNo Christmas stocking for box ports
The liner industry has entered the slow season. Normally the peak season comes around late August through early October, but this year it came early in the July-August period.
-
News
Fancy a Gamble?
Hedging, OTC trading and Derivatives have arrived in the container market. Ben Hackett
-
NewsThe littered road to recovery
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 year.
-
NewsThe peak season enigma
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.
-
NewsCreating hurdles, not solutions
The latest G20 meeting resulted in a communique that endorses austerity and debt reduction.
-
NewsAstute management could have repercussions
The global container terminal operators reported profits in 2009 despite the shipping global recession and shipping calamity.
-
NewsTrust and credibility still at stake
One of the key issues to emerge at the 12th Global Liner Shipping conference in London was the continuing mistrust between shippers and carriers.
