Singamas chairman says container buyers cautious on new orders
Tensions between US and its trading partners have led some shipping lines and leasing firms to hold back their orders. But demand for new containers remains strong as the manufacturer recorded a 50% increase in sales volume for the first half of the year
Box maker slides into the red in the first six months of the year because of increased costs, but expects margins to improve for the remainder of 2018 as Chinese currency weakens