Drewry: Container carriers lucky to break even in 2015
The market for the major liner carriers is currently under intense pressure from low rates, overcapacity and slow demand. Container carriers should be pleased if they break even in 2015, notes Drewry.
by DANIEL LOGAN
2015 looks like a bleak year for the major container carriers operating on the industry's key trades. Analyst agency Drewry projects in its Container Forecaster newsletter that the carriers will struggle just to break even this this year. An increasingly stable oil price will make it more difficult for container players on the main trades to cut costs in line with the sliding rates.
Already a subscriber?Log in here
Read the whole article
Get access for 7 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.
With your free trial you get:
- Access all locked articles
- Receive our daily newsletters
- Access our app
Get full access for you and your coworkers
Start a free company trial todayRelated articles:
Alphaliner: Destructive container price war hits new low
For subscribers
SeaIntel: Container rates drop below zero
For subscribers
Asia-Europe price war pushes rates to new low
For subscribers
.jpg&w=384&q=75)
