Subscribe to RSS feedMore liner casualties expected this year
Corporate failures among containership owners and operators now appear certain, with Drewry Shipping Consultants forecasting "absolutely more casualties" before the end of the year following Eastwind Maritime’s recent collapse.
Box collapse: More lines vulnerable
Despite some success in pushing up freight rates this month, the industry is still staring at a collective loss of catastrophic proportions because of a massive slump in revenues which cannot be offset by cost savings.
Drewry expects box lines to...
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