Container

Container market to completely cool off by 2024

Rates on chartering a container ship have declined by all of 72 percent since April this year, and the market looks set to continue normalizing ahead of 2024, writes Clarksons.
Photo: ZIM Integrated Shipping Services
Photo: ZIM Integrated Shipping Services
by DANIEL LOGAN

The container market has slowed down tremendously in recent months since seeing the record-high levels that have characterized the market since summer 2020.

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