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Shipping in a safe position despite shaky world economy

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Container carriers are facing a couple of difficult years, but otherwise the shipping industry looks set to do well despite dark clouds over the world economy, according to shipping analyst. ”Right now, most companies are making a lot of money.”

”Many of the carriers are very well-capitalized right now. They can endure declining rates without any real consequences,” states Christopher Rex from Danish Ship Finance. | Photo: PR / Danmarks /Connecticut Maritime Association

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