The outlook for container shipping has deteriorated further in the past three months, resulting in another full-year growth downgrade by Drewry.
This is especially unwelcome news for carriers which, over the next few quarters, face a fight for survival in the face of a steep jump in operating costs as a consequence of the IMO’s 0.5% sulphur cap on marine fuel that will become law on 1 January next year.
The consultant said it now expected …
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https://theloadstar.com/grim-outlook-for-carriers-drewry-cuts-box-shipping-growth-forecast-again/