Container

Drewry: Container prices at lowest level since 2002

The weak growth prospects in the container industry are reverberating throughout the supply chain and are now hitting suppliers. The average price for new containers fell to the lowest level in 14 years in the last quarter, writes Drewry.
Photo: Maersk PR
Photo: Maersk PR
BY DANIEL LOGAN-BERG MUNCH

The historically low freight rates, massive overcapacity and weak growth prospects are now also hitting the manufacturers and companies who make a living delivering new containers to the sector.

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