Industry News

NEWS: Hanjin failure seen delivering little relief to container shippers
Sep 16 , 2016

With the recent collapse of Hanjin the industry still faces the problem of supply and demand.    Large container ships were designed and introduced to cut operating costs however this has increased capacity and growth in trade volumes has been slow.

In an attempt to recover cost there have been various  stabs taken at hiking freight prices, to limited effect.

The following article makes for an interesting read outlining the markets current problems, click on the link below for more information.

http://asia.nikkei.com/Business/Trends/Hanjin-failure-seen-delivering-little-relief-to-container-shippers?page=1