Through the Looking Glass

As the black box generated the results, we here at Marine Money breathed a sigh of relief balanced with a tinge of regret. We did not have to create a new category of best shipping company based outside of South Africa as we feared might be necessary. Nor would we be accused of fixing the results, despite the entreaties of Grindrod’s greatest fan here in our office. After a string of two consecutive wins, Grindrod did not repeat, but came awfully close, finishing in the number six spot overall after another excellent performance, but more on them later.

But that is history. This year’s winner, from the class of 2005, is American Commercial Lines Inc. (“ACL”), which also happens to be one of five members from that freshman class to occupy spots in this year’s top ten. In fact, it also happened to lead the freshmen in total return to shareholders last year. Could this be the beginning of a new streak?

This is only an excerpt of Through the Looking Glass

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