Box ship building in China hits new heights with 68.5% of global orders
China has become the undisputed front-runner in containership building, with an orderbook, extending to 2030, ...
© Khunaspix Dreamstime.
By Alex Lennane
Faltering growth in China has led Panalpina to scale back its sea freight forecasts by 1%. While CEO Peter Ulber said he still expected the logistics company to outperform the market, he noted that the slowdown in China had already had an impact in Europe, although Panalpina had seen some minor growth.
Comment on this article