Time to Invest in the Future?, Container transport industry, container transport, freight carrier

Is it time for shipping companies to begin ordering new container transport vessels? There appears to be a cut-throat competition going on between shipyards competing for the latest round of new containership orders that might be an opportunity for some shipping companies to save a bit of money? The competition appears to be getting a little hotter lately as there have been reports of investigations into competition complaints.

One particular complaint centers on moves by one Greek shipping interest to raise the money it needs for new vessels by using European taxpayers money to pay for the vessels. The intensity of this dispute appears to be rising at the moment and this situation could become pretty heated in the days and weeks ahead. This affair appears to be a political hot potato at the moment in European circles, so we can probably expect some tippy-toeing to be going on around the events concerning this company. The investigation appears to be going full steam ahead though and we can certainly expect to hear something on this front in a few days.

We should probably expect more shipbuilding yards to join the competition for new container transport ships being built around the world. The volume of new ships being ordered has increased recently according to many in the freight carrier industry and a feeding frenzy of a type could begin shortly. What all this means for the world’s freight shipping industry is the question? Will the volume of containers that needs to be transported go up and is the business of shipping containers going to return to levels of old in 2010?

http://www.tradewinds.no/archive/;jsession…1+ship+purchase

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