Splash 24724 Sep 2026AI generated
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Shipping has spent the 2020s lurching from one earnings boom to another, with successive crises repeatedly rescuing markets that conventional supply-demand analysis suggested should be weakening. Two new charts capture how today’s supercycle came to be, and which sectors face a likely downturn. Braemar’s decade-long earnings chart reads increasingly like a geopolitical timeline. Covid propelled …