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McQuilling Services, LLC Weighs in on Global Tonnage Supply

Published Jan 20, 2011 11:53 AM by The Maritime Executive

Marine Transport Advisors Weekly Note No. 12 (June 9 2009) asks: Tonnage Overhang or Capacity Constrained?

For some time now the specter of a looming tonnage supply overhang has been an unwelcome reality in the shipping industry across most sectors. While the global economic downturn has brought with it the real possibility of numerous cancellations in newbuilding contracts and the difficulty arranging financing will contribute to delays in scheduled deliveries, the magnitude of ships on order means that record numbers will deliver in 2009 in any event.


Contact McQuilling Services, LLC:

On the Web: www.mcqservices.com
E-Mail: [email protected]
Telephone: 516.227.5700 / (F) 516.745.6198