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Liners say don't count on developed markets

Europe

Monday, September 17, 2012

Two of the world's top liner executives have in the past week acknowledged demand for liner carrier services on the major east-west trades may never return to the glory days of the mid-2000s. Glenn Last week, APL President Ken Glenn told a liner shipping conference in Singapore the industry should get accustomed to annual growth in the 5 percent to 6 percent range rather than the 9 percent to 10 percent seen for much of the previous decade. "There is not another China,...

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