Question: A . It has been said that the best time to start a shipping company is not when the market and freight rates are at

A. It has been said that the best time to start a shipping company is not when the market and freight rates are
at a peak. Instead, this should be done during a trough when everything looks bleak and the world economy is
'in a dreadful mess'. To what extent do you agree or disagree with this opinion? Provide relevant examples to
justify your response. (7 marks)

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