CEO still sees "sky-high" rates despite dampened container market

The container market has become slightly quieter in 2022, but even if demand should drop, the level remains high, says CEO of shipowner MPC Container Ships to ShippingWatch.

Constantin Baack is CEO at MPC Container Ships. | Photo: PR / MPC Container Ships

BY ASTRID STURLASON

Published: 08.06.22 at 10:20

It seems that the red-hot container market, which has enjoyed sky-high rates and massive demand for a while now, has lost some of its luster in 2022.

But according to the CEO of shipowner MPC Container Ships, Constantin Baack, this isn’t necessarily bad for the market, he says in an interview with ShippingWatch.

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