Subscribe to RSS feedContainer lines need to tighten belts further
CONTAINER lines need to remove more capacity before achieving any sustained recovery in freight rates. That is the warning from Alphaliner after analysing 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 said in its latest weekly newsletter.
More than 10% of the containership fleet is currently idle, of which 5.5% is attributable to carriers and 5.3% to...
This full article is available to Lloyd's List DCN subscribers only.
If you are already a subscriber, please sign in below.
If you're not a subscriber and would like to experience the full benefits of Lloyd's List DCN with a 14 day trial, please click here.
Alternatively, click here to subscribe.
| Tweet |
