COMPANIES & MARKETS
Container profits sunk by new wave of superships
By Juliette Jowit
Ship owners are facing an age-old problem; a wave of new capacity
at a time of sinking demand. Container shipping rates on the main
routes continued to fall in the second quarter, according to figures
to be published by Containerisation International.
The latest declines show the impact of massive new ships entering
the market, especially
...... Read more on Financial Times
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