Too many ships and more coming
- 5 years ago
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Climbing demand for commodities in the past decade boosted shipping and encouraged shipbuilding. Just as giant bulk carriers take a while to stop, so does building them. Dinesh Sharma, senior consultant at Drewry Maritime Advisors, explains to Jonathan Wheatley, deputy emerging markets editor, what impact overcapacity is having on the industry.
For more video content from the Financial Times visit http://www.FT.com/video
Climbing demand for commodities in the past decade boosted shipping and encouraged shipbuilding. Just as giant bulk carriers take a while to stop, so does building them. Dinesh Sharma, senior consultant at Drewry Maritime Advisors, explains to Jonathan Wheatley, deputy emerging markets editor, what impact overcapacity is having on the industry.
For more video content from the Financial Times visit http://www.FT.com/video