New tonnage will not be able to meet surging demand: Maersk VP
By Beth Jinks
(SINGAPORE) The outlook for container shipping is rosy right through 2006, according to Maersk Sealand's Asia head, who dismissed overcapacity fears.
The world's biggest shipping line's senior vice-president of line management for Asia, Steen Lund, said he is confident demand will comfortably outstrip vessel capacity for the foreseeable future despite the onset of significant new tonnage
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