Recently Released Market Study: Estonia Shipping Report Q3 2012
Compared to out last quarterly report, we have reduced our gross tonnage forecast for the Port of Tallinn, but raised the outlook for box traffic in the same port. We now expect that the former will contract by just under 10%, while the latter will grow by just under 20%. This 'tale of two halves' reflects the evolution of two main factors. As far as gross tonnage is concerned, the key influence is growing competition from the new Russian Port...
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