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Subject: Guangdong Holds Back Growth of Container Fleet on HK/MC Routes
Date: Fri, 5 Mar 2010 16:41:31 +0800
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<P class=3DMsoNormal style=3D"TEXT-ALIGN: center" =
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style=3D"FONT-SIZE: 12pt">Guangdong Holds Back Growth of Container Fleet =
on HK/MC=20
Routes<o:p></o:p></SPAN></B></P>
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lang=3DEN-US><![if =
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<P class=3DMsoNormal><SPAN lang=3DEN-US>The container transport market =
of routes=20
from Guangdong to Hong Kong and Macao gets satiated with even seasonal =
surplus,=20
which leads to plunge of freight rates and shrinking profits. The =
provincial=20
government has issued relevant circulars to control the blind expansion =
of fleet=20
scale especially Hong Kong and Macao markets. Judging the existing =
conditions,=20
Guangdong will continue properly control increase of carrying capacity =
till the=20
end of this year.</SPAN></P>
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