News / Drewry paints a gloomy picture for box shipping as the global slowdown bites

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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 ...