Low demand and capacity withdrawal to persist for container shipping

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Submitted by Elsewhere on 2020-Jul-01 Wed 10:56
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500Foods shared this story from FP.com.

Analyst Sea-Intelligence experts expect container shipping to see the current low demand levels persisting, consequently leading to high levels of capacity withdrawals. With the IMF recently updating its outlook for the global economy revising a negative 3% recession for 2020 to a deeper minus 4%, demand…

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