Subscribe to RSS feedUpturn seen ahead for idle car carriers
by
Janet Porter, London
—
last modified
Jun 11, 2009 12:48 PM
THE SIZE of the idle car carrier fleet has tripled over the past three months as shipowners struggled to match the collapse in demand for their services.
But after a worldwide decline in car sales that forced some manufacturers to suspend production and others to seek protection from bankruptcy, ship operators sense that the worst could be over and anticipate a modest improvement in the market towards...
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