The fifth annual Global Shipping Benchmarking Analysis 2013, published by PwC provides an overview of the factors that impacted the shipping industry in the previous year and analyses how these have been reported by a large number of shipping companies from around the world. "Year 2012 was marked by sluggish economic growth and geopolitical turmoil. The shipping crisis deepened even further and almost all shipping sub-sectors underwent the most challenging market conditions in a long time.
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