Page 18: of Maritime Reporter Magazine (August 2016)

The Shipyard Edition

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SHIPBREAKING

Ship Breaking & Scrapping

ANDREAS BARGFRIED ometimes being an industry sup- market, but you are never so involved in client I visited last month began 2008 he said, and then after a pause: “Please plier offers interesting insights it that you lose sight of the big picture. with 41 maritime software licenses for spare me the update costs for this one, it – your business is touched by Some of our clients have been hit hard their vessels – just seven remain today. won’t receive any.” Of course, I nodded.

Sthe ups and downs of the charter by the market’s general downturn; one “We just sold another ship yesterday,” It might be unpleasant to see another

Photo Credit iStock rajami2 18 Maritime Reporter & Engineering News • AUGUST 2016

MR #8 (18-25).indd 18 8/1/2016 2:05:17 PM

Maritime Reporter

First published in 1881 Maritime Reporter is the world's largest audited circulation publication serving the global maritime industry.