SeaIntel: Container carriers on their way out of the slump

Dramatic growth in the global demand over March and April for the hard-pressed container carriers shows that the bottom has been reached. But the climb upwards will be long and hard, projects SeaIntel.

Photo: Modelfoto/Colourbox

The container market likely bottomed out at the end of 2015 and in the first few months of 2016, but it will be a long journey back to profitable rate levels, projects SeaIntel in an analysis on the basis of the latest figures from Container Trade Statistics (CTS).

The growth in the demand in March and April this year on the important headhaul routes has been remarkable compared to the first two months of 2016, when there was a decrease of 0.5 percent compared to 2015. That, however, changed dramatically in March and April in the form of a global demand growth of 5.7 percent.

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