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You are here: Home Archive 2009 November 30 Europe container recovery could take four years

Europe container recovery could take four years

by Roger Hailey - Lloyd's List last modified Nov 30, 2009 12:17 PM

North European container ports can expect a “gradual rather than surging” recovery in box volumes, according to a new market study by Ocean Shipping Consultants.

The 184-page report, North European container port markets to 2020, uses International Monetary Fund figures for short term economic growth to suggest that it could take until 2012 for northern Continental throughput to return to 2008 levels of 39m teu.

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