Hull insurers accentuate the negative

In-Depth

The boom in the container trades is showing no sign of subsiding as shipowners continue to enjoy record earnings. The liner shipping industry can expect 2004 to be a “banner year,” with 2005 also looking strong, according to Drewry Shipping Consultants. In its annual container market review and forecast issued in October, the consultancy said it expected the China-driven container boom to continue. Further, it predicts world trade growing by more than 11 per cent and the total volume of containe

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