Container market resumes growth - but demand is lopsided

Global demand for container freight grew in August. This was the first month in 2020 that saw a positive trend. However, growth is lopsided and covers major geographical imbalances, writes Sea-Intelligence.

Photo: Edgar Su/Reuters/Ritzau Scanpix

The coronavirus pandemic has had a significant impact on container freight demand, but growth returned to the market in August for the time this year, writes Sea-Intelligence.

Global demand for container freight grew 1.5 percent in August compared to the same period last year. To put it in perspective, this corresponds to an increase of 212,000 teu compared to August 2019.

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