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The outlook for the steamship container line business is similar to that in 2010 and 2011. Unfortunately, the irrational exuberance caused by some short-lived profitability earlier in 2011 may have slowed the steamship lines’ resolve to find lasting solutions to the two dominant problems of overcapacity and a continuing economic
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Peter Tirschwell
It seems to be common knowledge among carriers that the market could turn dramatically in their favor by 2014 due to dearth of ship orders
May 23, 2012 4:12PM GMT
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