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You are here: Home Archive 2009 November 05 Liner losses to see 350,000 teu capacity scrapped

Liner losses to see 350,000 teu capacity scrapped

by Janet Porter - Lloyd's List last modified Nov 05, 2009 11:15 AM

Container lines need to remove more capacity before achieving any sustained recovery in freight rates.

  
Liner losses to see 350,000 teu capacity scrapped

The warning from liner industry analyst Alphaliner after examining third quarter results published so far, which show that the liner shipping industry remains deep in the red.

“Carriers will need to do more to overcome the supply-demand imbalance,” the firm says...

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