Drewry: higher freight rates in 2012 and 2013 and improved prospects

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The latest container forecaster publication from Drewry Maritime Research delivers an optimistic note for carriers ? sort of. Despite a second quarter defined by recovering seafreight rates, a whole heap of uncertainty remains; “carriers could make as much as $1.8 billion profit or a loss of $1.3 billion”. Much will depend on whether they maintain their new-found sense of discipline.