ShippingWatch

Excess demand on container market almost gone

The strong ”excess demand” for container transport at sea, which has been constant since November 2020 and has secured enormous income for liner companies, is almost gone, according to calculations by Sea-Intelligence.

Photo: PR / Cosco Shipping

The large ”excess demand” for container transportation at sea, which has lifted earnings among box carriers to record heights since November 2020, has more or less disappeared this year, according to calculations by Sea-Intelligence.

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

Tanker companies pay out massive dividends

Hafnia, Torm, Norden and Scorpio Tankers have seen big profits this year in a strong tanker market, which has been highly affected by Russia’s war in Ukraine. The carriers are now sending record-high dividends out to stakeholders.

Further reading

Related articles

Latest news

See all jobs