Independent journal on economy and transport policy
19:36 GMT+2
Shipping analyst: lines to experience sluggish first half
(The Star Online)
February 27, 2002
(posted Feb. 25)
20% growth for turnaround
By T. Selva and Nathaniel Xavier
CONTAINER volumes will have to grow by 20% this year before shipping lines can get the rates they want and start to make profits.
"Although container volume is expected to grow this year, it is unlikely that carriers will get the rates they want given the excess capacity in the market,'' said Salomon Smith Barney global ...... Read more on The Star Online
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