CAUTION: changed conditions

The car carrier sector is still reeling from one of the fastest and steepest downturns in its history, yet new vessels keep being delivered. MICHELLE WIESE BOCKMANN watches the road ahead for such a highly-concentrated industry.

NEWLY delivered from the shipyard in South Korea, the Monza Express may be the latest car carrier on the seas, but this unemployed baby of the fleet is among the most unwelcome.
Ordered speculatively, the Monza Express has just...

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