Boxship blues
As large chunks of the shipping industry batten down the hatches to ride out the deepening economic storm, one of the hardest hit sectors is container shipping, with more than 300 idle, equating to about 550,000TEU, at the time of writing, according to statistics from Lloyd’s List Intelligence, writes Denzil Stuart.
As large chunks of the shipping industry batten down the hatches to ride out the deepening economic storm, one of the hardest hit sectors is container shipping, with more than 300 idle, equating to about 550,000TEU, at the time of writing, according to statistics from Lloyd’s List Intelligence, writes Denzil Stuart.