marine carriers

Ryan, Leo
November 2009
Canadian Transportation & Logistics;Nov/Dec2009, Vol. 112 Issue 11, p26
Trade Publication
The article presents a highlight of the annual evaluation for the global performance of marine shipping industry in Canada. Economists demonstrate that international shipping industry suffered deep financial crisis because of the global recession. In fact, they have posted losses as much as 10,000 U.S. dollars per day. Furthermore, they believe the recovery rate of the industry is about 2.4% in 2010.


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