Container

Lower fleet utilization affects liner companies' elevated rates

Waning demand keeps the fleet utilization of container lines down, contributing to a partial normalization of spot rates on main trades, according to Sea-Intelligence.
Photo: Stine Bidstrup/ERH
Photo: Stine Bidstrup/ERH
by DANIEL LOGAN

Demand in the container market is in a free fall after having achieved historic highs since the summer of 2020, which is affecting the utilization rates of liner companies’ otherwise busy ships.

Already a subscriber?Log in here

Read the whole article

Get access for 7 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

With your free trial you get:

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
    • Must be at least 8 characters, including three of: Uppercase, lowercase, numbers, symbols
    Must contain at least 2 characters
    Must contain at least 2 characters

    Get full access for you and your coworkers

    Start a free company trial today

    Share article

    Related articles

    Sign up for our newsletter

    Stay ahead of development by receiving our newsletter on the latest sector knowledge.

    Newsletter terms

    Front page now

    Further reading

    Jobs