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State of German shipping - Current situation, challenges and need for change


All is not well in the containership business. German shipping "still faces huge challenges ahead", Partner Nils Kuhlwein von Rathenow told the 9th Annual German Ship Finance Forum in Hamburg in February 2010.

The experts agreed that any "normalisation" in global container trade would not be seen until 2012. They forecast slower net growth over the next three years, and only after a two-year order drought, from 2011 onwards, will we see new orders.

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