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Shipping spent another week discovering that the same forces making it extraordinarily profitable are also storing up the ingredients for its next downturn. The headline number came from Clarksons. Its cross-sector ClarkSea Index reached $64,569 a day, 27% above the previous all-time high set during the feverish markets of 2007. Unlike many historic shipping booms, …
Splash Wrap: The boom and the bill
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