Outlook for container shipping 'more uncertain now than at the onset of Covid'
Shippers are advised to prepare for “difficult operational and shipping conditions” as maritime analyst Drewry ...
Drewry has almost halved its global growth forecast for container shipping this year, down to 2.2% from 4.3%, and its 2016 forecast downgraded to 3.3% from 4.9%, reflecting the “significant nature” of the global slowdown in the past few months.
At the launch of its latest Global Container Terminal Operators Annual Review & Forecast report, Drewry ports and terminals director Neil Davidson said the downgrade came after the demand outlook dramatically worsened.
“The revised demand forecast will inevitably have an impact on ...
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