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Drewry: The truth shipowners don't want to hear

Around the negotiating table between customers and the major container carriers, the real acid test is money. And there's no evidence that customers are willing to pay for extra services and environmental awareness, says analysts Drewry.

Photo: Maersk Line

The major container carriers on the key routes between the Far East and Northern Europe, which are currently waging a price war in a rate climate that's at a 12-15 months low, are seldom met with understanding customers when they try to talk about good service and environmental responsibility.

"Carriers continue in their attempts to differentiate between themselves  in terms of service. But is there much evidence that cargo owners take them seriously?" asks Drewry, which supplies the answer as well:

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