Haralambides, Hercules E.; Thanopoulou, Helen - In: Spoudai : journal of economics and business 64 (2014) 2, pp. 5-13
Cyclicality in shipping is inherent. However, the speed and amplitude of market changes, since the fateful collapse of Lehman brothers in 2008 - distinguishes this particular crisis from most previous cycles. Predictions and investment moves made until immediately before the crisis have, in...