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Maersk sees falling rates in bearish sign for trade

IMF forecasts growth in world trade volume to slow to 4 per cent in 2018 from a projected 4.2 per cent this year

The container shipping freight growth rate is expected to drop to less than 10 per cent in 2018 from around 15 per cent in 2017 as a supply glut hits home.


THE world's largest container shipping line said that international freight rates are reversing after climbing for most of this year, raising questions about the sustainability of the global trade recovery.

Decade-old oversupply issues swamped demand for containerised sea...