Rock bottom

摘要

'It will take a tremendous drop in capacity to improve rates,' commented one for-rnI warder back in June last year. How right he has proven to be.rnIn the six months since CI last published a review of the trade (see Darkening Skies, July 2009, p35-37), a ruthless culling of container slot capacity on the Atlantic has succeeded in bringing supply more in line with plummeting demand.rnThis has enabled carriers to press ahead with much needed rate restorations and there is now a better chance that these will hold.