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Growth in container transport escalates market imbalance

The growth in the container market continued its upward trajectory, growing nearly seven percent in September. This, however, rapidly escalate the situation with container shortages, writes Sea-Intelligence.

Photo: Loren Elliott/Reuters/Ritzau Scanpix

While the latest figures for Container Trade Statistics confirm the growth seen in the market since summer, the progress does not help alleviate the already existing container shortage.

In September, growth in the global market for container transport came to 6.9 percent, but, as Sea-Intelligence points out in its latest newsletter, the skewed distribution of growth means that the problem with getting access to containers could worsen.

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