Drewry: Container carriers to lose more money in 2016
Growing imbalance between supply and demand combined with the container carriers' insufficient attempts to reduce capacity in the market will send freight rates down even further in 2016, projects Drewry, pointing to a new challenge in the coming year.
by DANIEL LOGAN
2015 wound up as one of the worst years ever for the international container sector with, among other lows, a price of less than USD 200 for shipping a forty-foot container (feu) from Asia to North Europe being unprecedented in the industry.
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