LONDON, Nov 8 (GCTL) - The container shipping industry is forecast to stabilise at about 99 points in 2007-2008 based on Drewry's unique Global Supply/Demand Index, which compares effective supply and demand, and it also predicts a much higher level than the 94 points experienced in the severe downturn of 2002.
“While the latest projections suggest a soft landing overall, Drewry also found that the container shipping industry could be destabilised by greater overcapacity threats in the main east/west trades due to the uneven structure of the orderbook,” said Mark Page, Research Director.
Drewry's East-West Head-haul Supply-Demand Index, covering only the major east/west
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