Ocean freight market: unexpected surge in demand for containers

by Editor

Reading Time: 1 min read

This month’s Ocean Freight Market outlines an unexpected surge in demand, leading to a shortage of containers and capacity. Despite a record increase in nominal capacity from new deliveries, effective demand exceeds current availability. Containership diversions to the Cape route remove another 7% of the total capacity. Container shortage has worsened in many Asian locations, with all new boxes fully […]

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