Subscribe to RSS feedNo box recovery ‘for two years’
by
Roger Hailey, London
—
last modified
Apr 14, 2010 04:02 PM
CONTAINER shipping faces a “listless” two years as rate recovery is “crushed by overcapacity, industry indiscipline and slowing demand growth”.
Moreover, vessel utilisation will not return to boom-time levels until 2016, according to HSBC Global Research, which warned that a hoped-for recovery could founder as vessels return to the fleet.
The Asian Container Shipping report by Hong Kong-based analysts Azura...
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