ShippingWatch

Asian shipowners: We made our own mess

Overcapacity and the race to have the biggest ships are solely responsible for the financially dire situation in which the shipping industry currently finds itself, says the Secretary General of the Asian Shipowners’ Forum in an exclusive interview with ShippingWatch.

Photo: PR-foto

SINGAPORE

The Asian Shipowners’ Forum’s humble offices in an old office building in Singapore completely contradict the trend in the shipping industry in which new ships have to be as big and flashy as possible.

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