19/01/2022at 08:14

Shipping bank positive on container outlook despite warnings of looming over-capacity

Berenberg expects "at least" two years' worth of good market conditions in container shipping. Its focus is on asset-based financing of smaller vessels and over-capacity is not an issue, says Berenberg's head of shipping.

Photo: Damian Dovarganes/AP/Ritzau Scanpix

by JENS THOMSEN

While some lenders and shipowners are warning that the current spectacular container rates may soon be heading south as a flotilla of container newbuilds hits the water in the coming years, others strike a more positive tone.

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