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Maersk warns of declining shipping demand

Increasing freight rates a result of overcapacity and declining demand growth, as new ships come into use

By Undercurrent News | May 17, 2013 15:59 BST
Maersk Line containers
Photo credit: Maersk Line
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AP Moller-Maersk has downgraded its predictions for global trade, and warned that demand for container shipping would be lower in 2013 than it thought three months ago [...]

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