The outlook for container shipping is improving, a leading shipbroker believes.

Growth in global box volumes in 2014 and 2015 will push up both charter earnings and freight rates, says Braemar ACM Shipbroking in its quarterly report.

It predicts “a couple of challenging years” for the boxship fleet to correct the supply imbalance, during which time large numbers of ultra-large vessels will be phased in.

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