Market upswing could end up seeing 13 million surplus containers

The container market upswing has entailed significantly more boxes on the market, and according to Sea-Intelligence, there will possibly be far too many once the market returns to normal.

Photo: Mike Blake/REUTERS / X00030

In the foreseeable future, will the industry be left with 13 million containers that it will not actually need? There are signs pointing that way, according to calculations by Sea-Intelligence.

The analyst firm has estimated the number of containers that will in fact be needed once the market returns to normal.

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • 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

Business profile leaves Bunker Holding

Bunker Holding loses prominent board member, who is former partner and executive in private equity firm EQT and who furthermore leaves the board in Uni-Tankers. Two new members join the board.

Further reading

Related articles

Latest news

See all jobs