Seaspan's Wang Says Shippers Outlook Is Improving

What factors have contributed to the recent improvements in the shipping industry?

• Rise in fuel prices

• Firm freight rates and satisfactory demand-supply situation

• Increased demand for luxury goods

• Decrease in global trade

What has been a major catalyst for the growth of the container ship industry?

• Reduction in Asian manufacturing

• Increase in cargo volume from Europe to Asia

• Decrease in European exports

• Decline in global shipping alliances

How has the European currency influenced the shipping industry?

• It has made European exports less competitive

• It has stimulated European exports due to its relative cheapness

• It has had no impact on the shipping industry

• It has led to a decrease in shipping demand

What was the impact of the Han Jin crisis on the shipping industry?

• It had no significant impact

• It was a turning point similar to the Lehman moment in finance

• It led to a permanent decline in shipping

• It caused a temporary increase in shipping rates

What is the outlook for the shipping industry over the next 3-5 years?

• A stable demand-supply equilibrium with optimistic growth

• A decline in demand and supply

• A significant decrease in new vessel deliveries

• A reduction in industry consolidation