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Clay Partially Reverses Himself About a Commercial Shipping Turn-Around - Now Says there are Too Many "Zombie Companies"

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In this 129th edition in the series, Clay partially reverses himself from his prior statement on a February “Mondays with Maitland” that there is a commercial shipping turn-around taking place. He now says, that there are too many “Zombie Companies” operating container ships at freight rates that are too low, dragging down the market. He speculates that a consolidation needs to take place for a true commercial shipping turn-around.
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Clay Maitland, Chairman


The opinions expressed by Clay Maitland in the ‘Mondays with Maitland’ Video Series are the opinions of Clay Maitland and do not necessarily reflect the views of the staff and management of Maritime TV, or its parent network, TV Worldwide, Inc.
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