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Demand to outstrip new capacity this year, says brokers

Demand growth in the container sector is expected to outpace capacity expansion this year, according to Clarksons. “Together with the rapid rate of demolition, the thin order book outside the larger sizes and a likely slowdown of the ‘cascade’, this may in the medium-term lend gradual support to the earnings environment,” the British shipping broker added. Looking back at 2014, ... Read More »