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You are here: Home Archive 2009 November Weekly Edition 26th November 2009 Freight rates may return to growth, says Maersk

Freight rates may return to growth, says Maersk

by Jim Wilson last modified Nov 27, 2009 09:57 AM

THE CONTAINER market will return to growth next year and freight rates may rise as carriers curb capacity increases, AP Moller-Maersk said last week.

Container volumes are likely to grow by 3% to 8% in 2010 as the market emerges from the first year of contraction since containerisation went global in the 1970s, Maersk Line chief executive Eivind Kolding said.
“The trends are...

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