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.
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