Subscribe to RSS feedContainership market cheered as small tonnage begins to rally
by
Janet Porter, London
—
last modified
Aug 13, 2009 05:07 PM
A CONTAINERSHIP market devoid of any positive news for the past year is taking heart from some recent fixtures that suggest the worst could be over for small tonnage.
While over-supply is expected to keep the earning potential of big ships under pressure for several more years, a different scenario is becoming apparent for vessels of up to 2,000 teu capacity.
What set pulses racing was the recent...
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