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Drewry: Container prices at lowest level since 2002

The weak growth prospects in the container industry are reverberating throughout the supply chain and are now hitting suppliers. The average price for new containers fell to the lowest level in 14 years in the last quarter, writes Drewry.

Chinese container giant grew profit 30 pct

Chinese container manufacturer CIMC - key competitor to Maersk Container Industry - improved its bottom line 30 percent in the first half of 2015. The company projects lower growth in the second half of the year.

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