The third quarter financial reporting for the shipping companies starts shortly with Stolt-Nielsen and Pacific Basin. Panjiva calculations show shipping industry revenues in the second quarter were 2.2% higher than the first. Analysts expect revenue growth of 10% in the third quarter vs. the second – though this is still 2% below last year’s levels. The most aggressive forecasts are for Evergreen, Wan Hai and Yang Ming with an average 17% growth, though even Maersk is expected to increase revenues by 6%. Estimates can prove optimistic – reported revenues were 3% lower than analysts’ fore...