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Drewry: New elimination race in the container industry

Just as it looked like the container industry was beginning to show signs of good health, the new rally for mega-vessels has started putting major downward pressure on the market. The industry is struggling with enormous debt, according to an analysis form Drewry.

The container industry finds itself on a forked road once again, where financial strength could be separate the winners from the losers, according to an analysis from Drewry.

The total debt in the global container industry has now reached USD 80 billion, according to the analysis, and the buffer at each individual carrier could thus be decisive for whether the carrier will need a trip to the bank or if it can finance its own investments.

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