overcapacity in A Sentence

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    Overcapacity in China, what will happen?

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    SteelExcessCapacity- Global Forum takes important steps to tackle Overcapacity.

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    There was an Overcapacity in the market, however, so we turned our attention to refurbishing and upgrading existing equipment.

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    Assuming a 4.5x OSV-to-rig ratio, this implies an Overcapacity of about 1,150 vessels after factoring in current order book levels and demolition run rates.

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    Assuming a 4.5x OSV-to-rig ratio and a sustained fleet of 550 working rigs, the fleet's projected Overcapacity would be equal to nearly 1,100 vessels, or 30%(figure 2).

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    Reuters reports that Hyundai's considering suspending production at its oldest car plant in China, Plant 1 in Beijing, in reaction to“tumbling sales and massive Overcapacity in its biggest market.”.

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    However, continued Overcapacity in certain sectors and an uncertain trade outlook will still make market conditions challenging for most shipowners over the coming years, so Drewry expects the pressure on costs to continue.

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    However, continued Overcapacity in certain sectors and an uncertain trade outlook �will still make market conditions challenging for most shipowners over the coming years, � therefore, Drewry expects the pressure on costs to continue.

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    The club said it in press release that remains committed to these strategic aims but it has concluded that current Overcapacity and a weak pricing environment have made Lloyd's a challenging environment for it to develop a profitable underwriting business with sufficient scale.

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    The company aims to position the business at more lucrative areas of the transport and installation market, it said, adding that the lower end of the segment is rapidly becoming a commodity transport market, often not oil and gas-related, and faces Overcapacity in Asia.

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    At the Ministerial meeting of the Global Forum on Steel Excess Capacity, held in Paris on 20 September, the world's biggest steel-producing nations agreed to further reduce capacity wherever necessary, avoid that Overcapacity is exacerbated in the future, as well as to work to eliminate subsidies which cause Overcapacity.

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