Overcapacity Will Continue to Dog Container Shipping in 2020

The shipping research and consulting firm Drewry says supply is expected to continue to outstrip demand in the container shipping industry but that carriers are “battle-hardened to cope with yet another challenging and unpredictable year.”

“Much like last year, carriers should be able to return solid if unspectacular results and continue to prepare the ground for a better future,” Drewry predicted in an article in the current issue of Container Insight Weekly.

Ships delivered this year are expected to add…

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