Tag: sitka-pacific-

November 5, 2015 0

Shippers Warn of Overcapacity, Cancel Scheduled Voyages, Announce Profit Warnings; Don’t Sleep in the Subway

By News Desk

Ship & Bunker reports Box Markets are in an Over-Capacity Crisis, Next Year Will be Worse Credit managers may well be keeping an even closer eye on box carriers next year, following a warning from Drewry that the sector is set to face even tougher times in 2016 as the in-balance of supply and demand slides to its worst since financial crisis hit 2009. And the research agency says the slump could last for several years