Analysts Predict Modest Rise in Container Freight Rates After Major Slump

July 08, 2016

According to the latest Container Forecaster report published by global shipping consultancy Drewry, container freight rates are forecast to rise modestly over the next 18 months from the all-time lows reached recently, though the slight increase will not be sufficient to rescue the industry from substantial losses in 2016. Whilst the box lines continue to amalgamate either through merger, takeover or signing up to alliance agreements all possible steps to reduce costs, slow steaming etc. may have already been taken.

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