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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