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16 May 08

Container shipping glut threatens freight

Container freight rates may fall in 2006 for the first time in five years as builders deliver a record number of ships and congestion eases at major harbors, said the executives of three of Asia's largest shipping lines.

business.e-china.ru/...Container_Shipping-116_32.html - Preview

iht bloomberg shanghai by kyunghee park and damien ryan

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