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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.

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