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Half-empty warehouses in the US could extend container market boom for rest of 2021

US retail trade stockpiles are very low and if retail sales following the coronavirus pandemic follow normal a development pattern, it could mean continued import growth in the container market for the rest of the year, reports Sea-Intelligence.

Photo: PR/MSC

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One third of Lim family ships have new owners

Around one third of the ships controlled by Hin Leong founder O.K. Lim and his family have new owners, Reuters reports. The rest of the ships are expected to be sold by the end of the year.

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