Subscribe to RSS feedChinese turnaround still in the pipeline
Exports of containerised merchandise from China remain well down on a year ago, dispelling any immediate hopes that the liner shipping industry could be on the mend. But the next few weeks may be more revealing, if past trading patterns for this time of the year are anything to go by.
New figures on container movements in and out of China from consultancy firm Seabury show that exports in October totalled 2.3m teu, compared with 2.6m teu a year earlier.
Monthly exports have trailed well behind 2008 levels throughout the year,...
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