Older freighters look set for the scrap heap as capacity oversupply looms
Aged freighters are destined for scrappage, with the raft of new orders set to hit ...
Long gone are the days when the North Atlantic was the world’s economic engine, and the shift in the centre of gravity is being reflected in shipping as in other industries. Asian carriers are now amongst the leaders in developing new strategies for the post-crisis global economy. The dominance of Asian carriers in the G6 Alliance is perhaps a portent of things to come, with one member in particular – Hong Kong-headquartered OOCL – increasingly being recognised as the line which has best handled the tough times.
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