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This article is about the issue of over-capacity in the shipping industry. More than a tenth of the vessels that transport the world's manufactured goods in containers are idle. Hercules E. Haralambides, director of the Center for Maritime Economics and Logistics, says that Asian carriers were in better positions than their European rivals because of government subsidies.

Participants
  • Center for Maritime Economics and Logistics
    Role: Programme/Centre/Department
    Reference type: Referenced
Media Outlets
  • TruthaboutTrade (Online)