News / Confidence in shipping bounces back... but are containers in a different league?

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“Come back when you have some good news”, might well have been the stock response of CEOs of many ocean carriers to their internal analysts’ reports over the past three months.

After shedding millions of dollars subsidising loss-making services in 2013, carriers have witnessed the all-important spot rates tumble since the beginning of this year across most tradelanes, – not least on Asia-Europe where, despite a recent slight recovery, indices are still 30% down.

So, a report from respected shipping accountant Moore ...