Subscribe to RSS feedShipping: `10,000 too many'
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Obsidian
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last modified
Mar 19, 2009 12:00 AM
Global shipping could be facing overcapacity of up to 10,000 vessels, according to estimates from Det Norske Veritas.
The Norwegian classification society has seen 43 of its own vessels cancelled over the year, which it said represented 10% of the number of vessels cut from the global orderbook to date.
It has also estimated that up to...
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