Subscribe to RSS feedBox industry sets thrifty course into the future
by
Roger Hailey, London
—
last modified
Jul 16, 2010 04:35 PM
A LEADING port boss has warned that container lines and box terminal operators will continue to tighten their belts despite the apparent uptick in 2010 volumes.
APM Terminals vice-president and chief financial officer Christian Laursen told an industry conference in Spain that the global port industry “passed the stress test” in 2009 when volumes plunged 10% and the “container trade started shrinking”.
He warned that while...
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