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IMO requirements spur positive forecast for container growth

There are positive prospects in store for container growth in the rest of 2019 and into 2020, according to a new analysis by Clarksons. The analyst firm is surprised, as it predicted a downturn six months ago. One possible explanation is the IMO's sulfur requirements.

Photo: Phil Noble/Reuters/Ritzau Scanpix/REUTERS / X01988

The shipping industry has been positively impacted by the fact that the IMO's sulfur regulations take effect on Jan. 1, and it will remain so, analyst firm Clarksons assesses in an analysis.

Clarksons forecasts that container growth measured in teu will rise by 3.3 percent in 2020 against 2.4 percent in 2019, while the analyst firm expects the collective fleet to grow by 2 percent in 2020.

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