AlixPartners has released a report on the global container shipping outlook for 2017.
- Report states that container carriers will face harsh times due to sluggish demand and the contribution of mega-vessels to the world fleet.
- Container shipowners should look at taking vessels from distressed competitors and financial owners in order to help them operate at lower costs and make them more competitive.
- Scrapping is on the rise says the report, with 35 container vessels, equating to 119,500 TEUs scrapped in January 2017 and only nine accounting for 27,000 TEU’s in 2016.
Read the full report by AlixPartners here.
Fathom-News
editor@fathom-mi.com
