4min chapter

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The Global Shipping Crisis Is Not Over | Sal Mercogliano

Forward Guidance

CHAPTER

The Importance of Long-Term Investments in Shipping

The shipping industry had an abysmal year from 2010 to 2020, right before 2020. If you were in at the right time, at the right moment, you could make all your money with a tanker market like that. The companies involved are doing a lot of things to run their competition out by building big new ships and slowing them down so they don't burn as much fuel. There's a lot of money to be made in containers; everybody is seeing the profitability of them.

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