PortEconomics member, and winner of the 2018 Onassis prize in Shipping, Mary Brooks provides her views on liner shipping industry, in her interview reported via a podcast produced by Supplychainbrain.com.
“For the ocean shipping business today, it’s tough enough navigating the rough waters caused by economic cycles. But do carriers sometimes make their own waves? Container shipping is an expensive business. Capital costs are immense, and ships must be planned and built well in advance of their entry into the trades. Matching supply with actual demand, therefore, can be devilishly difficult. Even so, have carriers in recent years introduced too much capacity, in the form of massive containerships that go begging for cargo when expected demand doesn’t materialize? And what about their penchant for slashing freight rates, which undercuts profitability even in the best of times? The podcast takes a close look at the global shipping industry with Mary Brooks putting the current plight of carriers into perspective.” notes the host of the podcast Bob Bowman, managing editor of SupplyChainBrain
To listen the interview reach the podcast following the link.
Show notes:
A slide presentation by Prof. Brooks on “Rethinking Competition Policy and Liner Shipping Regulation.”
