The outlook for container shipping has deteriorated further in the past three months, resulting in another full-year growth downgrade by Drewry. 
This is especially unwelcome news for carriers which, over the next few quarters, face a fight for survival in the face of a steep jump in operating costs as a consequence of the IMO’s 0.5% sulphur cap on marine fuel that will become law on 1 January next year. 
The consultant said it now expected …

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Source: The Loadstar