Ocean shipping: delicate balance in maritime freight markets

Hans Böhme

Marine Policy, 1992, vol. 16, issue 4, 333-333

Abstract: The slowdown in world trade had less impact on the maritime freight markets in 1991 than had been expected. Because of the effects of the Middle East crisis, and of the rapid change in the USSR, shipping demand and freight rates took a more owner-friendly turn than could have been foreseen at the end of 1990. There was strong demand for shipping space in the bulk trades, especially for Russian grain imports which had been held over from the preceding year, and the sharp fall of freight rates came to an end. The tanker markets received a considerable boost from the war requirements; they were soon depressed again, however, by the latent oversupply of tonnage. The liner trades showed diverging trends, with sustained high growth rates in the Europe-Far Eastern trades.

Date: 1992
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/0308-597X(92)90047-S
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:marpol:v:16:y:1992:i:4:p:333-333

Access Statistics for this article

Marine Policy is currently edited by Eddie Brown

More articles in Marine Policy from Elsevier
Bibliographic data for series maintained by Catherine Liu ().