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2012
-
The
Year of the Dragon.
The dragon is the most
auspicious and powerful of the 12 signs of the zodiac, one
associated with high energy and prosperity. This year is considered
especially auspicious because it is the year of the water dragon,
something that happens once every 60 years.
The dragon is a symbol
of power and superior control, it is a good symbol and represents
change and mobility. Dragons seem to be a change year, and in
general, in the dragon years, the world economy does a better.
So, with this very
slow start to the new year for all of shipping, let’s hope for that
economic rebound which is synonymous with the dragon.
Top Stories
Rates
for Capesize, Panamax and Handymax vessels continue to decline.
The increasing oversupply of vessels continues to influence all
markets with the Pacific market generally hard hit as new vessel
deliveries are taken in Asia. New tonnage has been increasingly
ballasting to the Atlantic materially eroding rates in this once
strong market.