The world's fleet of container ships has grown 15.6 per cent from January last year. Photo: Bloomberg The world's fleet of container ships has grown 15.6 per cent from January last year. Photo: Bloomberg
The world's fleet of container ships has grown 15.6 per cent from January last year. Photo: Bloomberg

Dry-bulk shipping sector faces worst crisis in years

Industry survey of delegates at a summit in Xiamen shows that a slide in freight rates and glut of new buildings are major concerns for owners

The world's fleet of container ships has grown 15.6 per cent from January last year. Photo: Bloomberg The world's fleet of container ships has grown 15.6 per cent from January last year. Photo: Bloomberg
The world's fleet of container ships has grown 15.6 per cent from January last year. Photo: Bloomberg
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