13/09/2013at 14:39

Martin Stopford: Still risk of another crisis

There is still a risk of another shipping crisis, says Martin Stopford, president of Clarkson Research. He points to the shipping industry's large debt as well as the continuing overcapacity as the biggest problems.

by DANIEL LOGAN

Martin Stopford, long-time head and current president of Clarkson Research, says that the problems for the shipping industry are far from over. He warns that the industry could face a new crisis unless the financial situation improves.

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