The Truth in Turbulence: Why Unbiased Data Matters in Volatile Shipping Markets
In 2008, shipping entered unparalleled territory as soaring Chinese demand drove a newbuild demand spike. VLCC valuations skyrocketed to levels never seen before. Yet amid all the volatility, there was no reliable, unbiased data to guide decision-making. The market was flooded with speculation, theoretical projections, and optimistic estimates, but little ground truth. In that environment, decisions worth tens of millions […]
