Are there chances of a stagnation in the shipping industry?

[Shaurya Kant Joshi]

Whoever reads this post i just wanna ask you the above question.I am intending to join this field as a marine engineer,but i came to know recently that due to the global recession companies like Maersk have laid up ships.So  all the mariners please give your views about it?

[Kai R]

for the next 1-2 years, one can expect that there will be a stagnation or maybe even a decline in international trade due to the slump in wordlwide demand. In the longer term, globalization is not going to be rolled back which will cause an increasing demand for transportation. So it should be a safe course to pursue a career in maritime transport.

Regards

Kai