Alexander Jung, Thomas Schulz and Wieland Wagner
Alexander Jung is an economic journalist for the German weekly Der Spiegel.
Thomas Schulz is also a journalist who works of the economy pages of the weekly;
Wieland Wagner is the correspondent for the magazine in Shanghai.
The global economic crisis is wreaking havoc on shipping: prices, along with demand, have collapsed and ports are filling up with fleets of empty freighters. The crisis has fueled cut-throat competition and not all companies will survive. Hamburg, with a quarter of the world's shipping activity, is particularly feeling the pinch.