SeaIntel has published interesting analysis on the container shipping market, and found that the top 20 carriers managed to accumulate losses worth a staggering $6.9bn over the past four years, with eight losing a total of $9bn. Yet none were forced to leave the market. The worst year was 2009 – and the question is whether the carriers will be able to recoup any losses in 2013. Here’s Shippingwatch’s review of the research.
By Alex Lennane