HSBC - Shipping: Getting back to normal

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Key shipping themes from HSBC inaugural Global
Commodities Conference
ƒ¤ Demand generally positive; supply mitigated by deferment of
deliveries but still faces risk because of huge order books
ƒ¤ Acquisition of vessels to replace ageing fleet viewed as
feasible with ship prices unlikely to get lower
ƒ¤ Discussions support our case for positively viewing
acquisitions of bulkers at current lower prices

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关键词：Shipping getting normal Norm Back Back getting normal HSBC Shipping