The balance between supply and demand looks positive for the container sector this year and next year, and the liner shipping companies can look forward to slightly better freight rates and bigger profits on the bottom line, says analyst firm Drewry in a report which projects that demand in the coming years will surpass fleet growth in the container sector.
Subtle changes in the orderbook, mainly due to postponed deliveries of new ships, help dampen the impact of newbuilds in the market this year, writes the firm.
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