Splash Extra

Supercycle? Settle down, please

Our special correspondent doesn’t see this month’s buzzword as a signal to head to the shipyards

As each year passes, memories fade and those who participated in the events of the past are superseded by new generations. There are still plenty of people around who witnessed the shipping boom of the early 21st century, likewise there are plenty of relative newcomers who have only experienced the relatively mediocre markets of the past decade. Two terms which were widely used 15 or so years ago and which now appear to be making a comeback were ‘supercycle’ and ‘new paradigm’.

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