SeaIntel: Disconcerting development for container carriers

The most recent data indicate a serious setback in demand and container rates after a strong start to the year, writes SeaIntel.

The beginning of 2018 looked fairly optimistic for the liner companies, but the most recent numbers from Container Trade Statistics (CTS) point in a negative direction, notes SeaIntel in its latest Sunday Spotlight newsletter.

Developments in the first two months of the year indicated a rising growth in demand, and even slightly more than expected, just as rate levels were improving.

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