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The biggest challenge in 2012 will be adapting as the liner industry attempts to match container demand with supply at competitive and remunerative rate levels. Global oversupply is keeping rates extremely low, causing financial distress in the industry. Delivery of new ultra-large container ships isn’t helping. This will yield continued rate
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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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