Shipping Industry Slows As Trade Drops
By Reuters
LONDON (Reuters) - The giant containerships, which act as a floating
conveyor-belt for international trade, are struggling to maintain
volumes in the face of global slow down, shipping analysts said.
"The continued recession environment will act as a plague on
the markets," said a recent report by the New York-based Commonwealth
Group.
...... Read more on The New York Times
|
|