No peak season seen for European ports

Regulatory

Wednesday, June 06, 2012

The analysts who prepare the Global Port Tracker report on North European ports say latest trade volumes suggest "the slowdown has started and we may be slipping into a deeper recession than anticipated. Any thoughts of a peak season are beginning to evaporate." “There is little if any growth compared to 2011 and by the end of Q3 we are predicting volumes to begin to enter a more serious downturn," said Ben Hackett, whose firm Hackett Associates prepares the report in conjunct...

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