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Monday
Jun292009

Carrier revenues tumble in Q1

Deepsea shipping lines’ revenues dropped year-on-year by an average of 35% during the first quarter, according to analyst AXS Alphaliner.

Research carried out by Alphaliner showed that the revenues of 11 carriers surveyed fell from US$22.4bn to $14.45bn.

Read full article at IFW website

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