There was good news for ocean carriers in what was otherwise a painful week for shareholders, who recorded hefty paper losses because of massive swings in the financial markets.

Oil prices were hit by global market jitters – and the container shipping industry, as we know, generally benefits from lower bunker prices, given its position as a key variable that affects earnings power and, liners’ core cash flows.

Volatility Index (Source Google Finance)

Volatility Index (Source Google Finance)

But this isn’t an ...

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