Strong secondhand box ship market now threatened by overcapacity
Unexpectedly strong demand for container shipping and healthy freight rates for much of last year ...
Speaking at the World Shipping Summit 2013 in Ningbo last month, McKinsey business analyst Steve Saxon warned delegates that oversupply of tonnage in container shipping was here to stay.
Mr Saxon said: “Boxship owners have displayed a continued interest in ordering new vessels, despite the oversupplied ...
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