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Indian shipping companies-I: Market is at the bottom of the cycle
Mar 14: Those who believe that the shipping market will never recover is way off the mark.
8An innovative shipping cycle modeling says that the crude tankers are at the very bottom of this cycle and the only way out is up. A very extended boom period is expected going ahead
8The offshore E&P market is slightly higher up on this cycle, but preceded by LPG and product tankers.
8Higher up on the pecking order are chemical specialty tankers, container ships and LNG carriers
8The market is, however, lead by the dry bulk segment as of the moment
8Those who are pessimistic about the immediate market and beyond must see how far out the market has to go from here
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