Learning lessons from watching repeats Oliver Hardy was a fine comic actor who had a very successful film partnership with Stan Laurel. Their films are always worth watching again. Stan is repeatedly blamed by Ollie for the on screen scrapes that the duo gets into, with the condemnation: “Well, here’s another nice mess you’ve gotten me into”. He could not have expressed it better were he a ship owner operating in the dry bulk markets. A fine balance… The problems of the dry bulk market derive from the super-boom which began in 2003 and peaked around mid-2008. During that period the balance in the market was fine. The fleet expanded by 6% per year or around 1.7m dwt a month and dry bulk trade by only a little less. Although... View more
