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You are here: Home Archive 2012 February Weekly edition 16 February Why shipping needs to see a shrink

Why shipping needs to see a shrink

by Lloyds List last modified Feb 24, 2012 04:15 PM

Reluctance to cut Asia-Europe box capacity sees critics question industry’s sanity, reports GAVIN VAN MARLE

THE Asia-Europe container trades form an uncertain mix in 2012, with no change to the sluggish demand that characterised most of last year, yet rates having an unexpected boost in the run-up to Chinese New Year.
The sharp rise has...

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