Good Start for Container Business, But Players Waiting Until H2

- 23/01/2017, 17:59
The shipping business 2017 started with good news of better freight rate, following the rebound trend in Q42016. But, shipping players are still waiting until second half (H2) for a conclusion
Though there was an indication of container trade rebound beginning in fourth quarter (Q4) 2016 and continued in early year 2017, both in volume and freight rate, but shipping analysts, shipping players, as well as shipping related business players are still skeptical to make a good concussion for the year (2017). Projected slow economy growth is cited as the key factors plus the social and political condition at some countries especially in Europe and US, according to Erry Hardianto, President Director of Maersk Line Indonesia.