Bimco: Up to Europe to save container rates

The European economy has taken container shipping demand hostage and only changes in this can turn the container market around, Bimco states in a container market analysis.

Photo: Maersk Line

Alphaliner has announced that the capacity on Asia-Europe will have to be significantly reduced if container carriers are to have even a remote chance of keeping their earning levels. Bimco supports the drastic announcement in its latest analysis of the container market.

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