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The Hard Road Ahead for a Budget Shipping Line

October 23, 2009

Analysis of:Fredriksen confirms The Containership Company stake | www.lloydslist.com

This article looks at the rationale for starting a budget shipping line and finds little in common with that of a budget airline which is the presumed model. The article then goes on to suggest four steps for attaining low costs and ends in a plea for some brainpower to be applied to this industry. The main message is that you will not make money unless you are prepared to use the shipping cycle and buy/charter in ships when prices are low and sell/charter out ships when prices are high.

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