| 摘 要： | Ⅰ. Review the past of 1994 international shiPPing market: 1994 saw world economy begin a new cycle of boom. The economy of the West was on the way to a complete recovery, and that of East Asia was keeping up its steady growth. ACCOFding to the estimation 0f International Monetary Fund, the 1994 growth rate of world economy was 3％ and that of world—trade volume was about 5％. Thanks to these factors, the international shipping market had also Undergone considerable changes. 1. In 1994,world dry—bulk shipping market first sagged and thenstiffened. Affected by the negative growth of the
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