Heavy lift/project cargo shipping operators are showing a high degree of confidence.
While the global trade recession has hit the heavy lift and project cargo markets, it has not been a particularly heavy punch and the effects may not last as long as originally feared. Container crane moves are down, reflecting the slump in demand, but the project cargo market, particularly for wind and fossil fuel power generation coupled with the oil and gas processing and exploration industries, is still relatively strong....
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This complete item is approximately 2200 words in length, and appeared in the November 2009 issue of WorldCargo News, on page 44.
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