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You are here: Home → Archive → 2009 → Mar → 12 → Container lines facing 2009 loss of US$32bn

Container lines facing 2009 loss of US$32bn

by Obsidian — last modified Mar 12, 2009 12:00 AM

Container lines face a combined loss this year of US$32bn if conditions remain as they are.

This is the latest projection from Drewry Shipping Consultants in a fast moving marketplace where forecasts are having to be adjusted almost daily.

Carriers will not be able to make anything like enough cost savings to offset a massive...

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