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United Arab Shipping Co. says it will partner with CMA CGM and Hamburg Süd.
Draymen say they could be forced out of business by huge demurrage and detention bills.
Marine terminal officials agree that future contracts will require ongoing collaboration.
Maersk Line CEO Soren Skou told American Shipper container lines need to adapt to permanent overcapacity, and cited Maersk's network management as the primary driver of bumper profits in recent years.
Economist revised forecasts, predicting lower import growth and a second year of declines in exports.