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17 September 2021 The on-line newspaper devoted to the world of transports 23:41 GMT+2



July 30, 2001
(posted July 28)

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



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