Subscribe to RSS feedTough times not over for box lines
CONTAINER shipping is not yet out of danger, despite the recent surge in cargo volumes and rebound in freight rates that has lifted the gloom from an industry that accumulated unprecedented financial losses in 2009.
That is the message from Drewry Shipping Consultants, which has added its voice to those urging caution at this stage of the fledgling recovery.
“Until we see consistent month-on-month improvements on the main trades into this year’s peak season period,...
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