ShippingWatch

Rates need to increase further for the container sector to become profitable

High fuel prices and the upcoming sulfur regulations mean that rates will need to go up even further if the container shipping lines are to become profitable in the years to come, concludes Seaintelligence.

Photo: Ritzau Scanpix/AP

Even though freight rates have increased in the past two years, they will need to improve further in order for the liner companies to make money in the coming years, where the new sulfur regulations are also set to hit the sector, concludes Seaintelligence.

The analyst firm writes that the average global freight rates are, despite increases in recent years, still far from the levels seen in the "good" years 2010-2012 or the "mediocre" years of 2013-2014.

Read the whole article

Get 14 days free access.
No credit card required.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

Maersk unveils design of methanol vessels

For five years, Maersk has been working on developing a new vessel design, which can increase the energy efficiency of its fleet by 20 percent. The first eight vessels are planned to sail on green methanol from 2024.

Further reading

Related articles

Latest news

See all jobs