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XO Shipping: The major carriers are too old school

The traditional carriers are in trouble because they think that they can predict the market. But that is not possible, says Christian Levin, founder and owner of XO Shipping. He bases his business model on an unpredictable market.

Photo: Tomas Kristiansen/ShippingWatch

The strategy at old carriers does not fit with the new reality on the dry bulk market.

This is the assessment from Christian Levin, founder and owner of XO Shipping. In an interview with Danish media Berlingske Business, he assesses that the traditional carriers were not prepared for the current crisis.

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