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With this first ever note of interesting links we intent to bring you a few selected and well construed articles and views on matters of importance which might influence the world economy and the shipping industry for your perusal and comment:
Market cover reflection
- Jelisavcic: ‘This Is An Optimal Time To Invest In Distressed Debt’: “Product tankers are in the process of a near-term recovery in day rates. For these types of vessels, we believe this is an optimal time to invest in distressed debt.”
- What 9 Company Hedge Books Are Revealing About The Natural Gas Market: “Natural gas producers are increasingly bearish on prices for their sector.”
- Are Pipeline Spills A Foregone Conclusion? “Given the legacy of pipeline spills since the Keystone XL debate began more than four years ago, the real issue may be the lack of debate over just why so many of these pipelines have burst open in the first place.”
- The humble hero: Containers have been more important for globalisation than freer trade: “The process was expensive and slow; most ships spent much more time tied up than plying the seas. And theft was rampant: a dock worker was said to earn ‘$20 a day and all the Scotch you could carry home.’”
