Bimco predicts "disturbing picture" for container lines

Shipping organization Bimco expects low growth in transported containers for the rest of 2019. This will worsen the balance and paint a "disturbing picture" for the industry this year and the next.

Photo: Rodrigo Garrido/Reuters/Ritzau Scanpix

Growth in the container industry may remain low throughout 2019, not least due to developments in the global economy, assesses Bimco, which furthermore sees this as a sign of danger that the balance in the container industry might be out of order, although according to the organization, things are looking better in terms of the order book for new vessels.

[...] paints a disturbing picture for the rest of the 2019 and 2020 for container shipping.


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