The decreased rates on the key routes in the past weeks are not the only source for concern among the container shipping companies. According to SeaIntel, the decrease in transport to and from emerging markets is equally noticeable. This is based on numbers from Container Trade Statistics (CTS), among others.
“However, the statistics from CTS also show that the much-heralded emerging markets are equally struggling. The year-on-year growth rates for container volume imports and exports to the Indian Subcontinent, Middle East, South and Central America is declining,” says the SeaIntel analysis.