Fun with Numbers – Is Shipping Big or Small?

Shipping is somewhat of a bi-polar industry. On the one hand, we are probably the most global of all industries for which world trade is very dependent upon. Furthermore, history has shown that disruptions to the maritime industry (e.g., Suez Canal closings, Katrina in U.S. Gulf, etc.) can wreak havoc in the global economies. On the other hand, despite the higher profile of the shipping industry in recent years, many people in the industry still have somewhat of an inferiority complex that we are just a small and mature industry.

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