Drewry’s 1Q14 Container Forecaster report highlights that the industry remains in an extended down cycle. This is being accentuated and extended by the constant delivery of new ships. The global cascade is now hurting the balance of the north/south trades. Some of these trade routes have also not livedup to expectations in terms of cargo flows and the sharp influx
WORLD SHIPPING
03 April 2014 - 00:00
Container industry stuck in a vicious cycle
Drewry’s 1Q14 Container Forecaster report highlights that the industry remains in an extended down cycle. This is being accentuated and extended by the constant delivery of new ships. The global cascade is now hurting the balance of the north/south trades. Some of these trade routes have also not livedup to expectations in terms of cargo flows and the sharp influx
WORLD SHIPPING
03 April 2014 - 00:00
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