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'No hope' of bounce-back in demand for container shipping this year

from The Loadstar

Cold water is being poured on any optimistic outlook by some ocean carriers for a speedy recovery of the container industry from the impact of COVID-19. In his latest assessment of the market, Bimco's chief analyst, Peter Sand, said the current economic situation "provides no hope for a short-term recovery." "The coronavirus pandemic looks set to continue to hammer container shipping demand," he added. more

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