Container braces for three-year downturn

It's gone from bad to worse for container shipping over the last few months. Leading shipping analysts such as British firm Drewry have halved their growth forecasts for 2015-16 and predict three dark years for the industry.

BY OLE ANDERSEN

Leading maritime research firms are painting an increasingly gloomy picture of the container industry's near future. They have drawn historical parallels with the horror year of 2009, where players such as Maersk Line delivered the largest deficit in recent times.

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