The current status quo is that the shipping industry’s cycle is not synchronized with global economy’s one. As a consequence, the ratio between demand and offer for sea transportation of containerized cargo is bringing shipping line’s revenues even below operational expenses on the majority of the trades. Shall we start panicking? No, maybe we should […]
Tag Archives | BRICS
Joint Ventures to Grow Revenues, Reduce Costs, and Mitigate Risk
A joint-venture is a business agreement between two (or more) parties to create a new entity, with new assets, resources and management control. The goal of the new entity is the same one as all other business endeavors: to grow revenues and/or reduce costs and/or mitigate risk. The term “joint-venture” (JV) is understood quite differently […]