Post by thanapriya on Jul 5, 2013 23:55:07 GMT -5
The ocean container industry may make a "decent profit" in 2013 as average freight rates and volumes are expected to increase 3 to 4 percent and bunker costs to decline 1.5 percent, according to a forecast by Drewry Shipping Consultants. Container lines can stay in the black in 2013, but only if they refrain from the kind of rate war they waged in last year's first quarter and ...