Jefferies expects Asian container lines’ earnings for the fourth quarter of 2013 overall will be in line with or below Bloomberg consensus estimates, as freight rates in Asia-related trade lanes continued to slide and overcapacity remained.
Orient Overseas Container Line
20 Jun 2013
The outlook for the global container shipping industry is “grim,” as carriers’ finances continue to be severely strained and shareholder value erodes...
28 May 2013
U.S. exports of recycled plastics, metal and paper to China are taking a beating because China’s new administration country is cracking down on the importation of adulterated scrap products.
12 May 2013
ECT Delta Terminal and Euromax Terminal Rotterdam, both in the Netherlands, will receive maiden calls from three new ships next week...