Ups and downs on intra-Europe trades, with ONE doubling market share
Ocean Network Express (ONE) has more than doubled its market share on intra-European trades over ...
PRESS RELEASE
With record deliveries of containerships expected this year and next, most analysts have predicted further heavy downside pressure on container shipping freight rates to be offset by carrier efforts to reduce capacity by slow steaming and layups or, alternatively, by a self-destructive scramble for market share.
However, Jan Tiedemann, head analyst at Alphaliner, believes a very different picture might play out in the coming years as a deluge of new vessels enter service.
“The thing ...
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