src="/files/fa/news/es/Thumbnails/8fe8cc64-a40f-4171-b92e-cecc51ad9105_260_199.jpg' class='img_convert' title='Sanity Is Returning to Shipping as Freight Rates Gain' alt='Sanity Is Returning to Shipping as Freight Rates Gain'>
After years of overcapacity and excessive optimism about demand, the order backlog for vessels is falling and Maersk Line is seeing a more balanced supply-demand situation for 2017 in its talks with customers, MANA correspondent reported.
Maersk Line, which expects to be profitable in 2017 after a $384 million loss it booked last year, expects the global container market to grow 2-4 percent amid the consolidation wave.
Following Hanjin’s collapse, Japan’s three biggest shipping companies decided to merge their container operations, while Copenhagen-based Maersk agreed in December to buy Hamburg Sud. Freight rates are rebounding, van Trooijen said.