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Shipping lines are now more cost-effective, but even so the industry will probably lose at least USD 5 billion this year,” according to Drewry.
With carriers waving goodbye to likely more than USD 50 billion of sales in two years since 2014, Drewry said that it should be no surprise that most of the big players are losing money and that some are close to the financial abyss, or that a number of lines are merging in order to better prepare for such hard times.
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Drewry said that, if the current situation continues for the industry across the full year, carrier income would shrink by some USD 29 billion against 2015.The Rebel was available in several specialty models that included a limited number of station wagons with special themed trim and luxury equipment that were offered only in certain geographical areas.A high-performance, low-priced muscle car version was produced in 1970, the Machine, that is most recognized in its flamboyant white, red, and blue trim. and Canadian markets, the Rebel was built at AMC's West Assembly Line (along with the Ambassador) in Kenosha, Wisconsin, and in Brampton, Ontario, Canada (Bramalea - Brampton Assembly Plant).The latest results indicate that the second quarter was harder on carriers than expected with operating margins falling to the lowest point since the first-quarter 2012.We use our vast knowledge and experience to provide a carefully engineered investment management service for high net worth clients and institutions in Ghana.