Supply of ships will increase even more. Rates will probably climb to around break even. However Some companies such as ZIM will have higher expenses, from charters signed over the last two years, that are higher than the ships they replace.
I'd rather depend on the lessons learned from years of studying shipping, rather than hopes and prayers or whatever it is that makes you think overcapacity in shipping sectors doesn't drive down rates.$ZIM Integrated Shipping Services Ltd.(ZIM)$
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