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Wednesday
Mar242010

Why Shipping Matters

DateWednesday, March 24, 2010 at 10:15AM

I continue to believe that shipping (and in general the transportation) sector is still undervalued. Due to the exponential growth in imports by major and upcoming powers in the global stage, it is inevitable that demand will outstrip the supply of bulk carriers.

And do not get me started on the energy sector.

Note that the following graphs are in log scale.

United States Import History

 

China Import History

 

India Import History

 

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