Drewry: Container manufacturers will benefit from recovery

Drewry predicts that the container industry is headed toward a recovery that will not just benefit the carriers, but also the companies that manufacture the containers. MCI and CIMC, just to name two.

Photo: Hyundai Merchant Marine

When things are going well for the container carriers, things are likely also going well for the companies that produce the many containers that goods are transported in on the ships. This goes for regular containers as well as refrigerated containers, so-called reefers.

British analysts Drewry says that 2014 and 2015 could bring a recovery for the global container industry, and that this will benefit the container manufacturers. In an analysis of the two Hong Kong-based container producing companies CIMC and Singamas, Drewry estimates that the companies will benefit from the fact that global trade - according to the analysts - will grow, thus increasing the need for container transport.

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

One alternative fuel may be particularly dangerous

In a new study – which Maersk, Shell, Euronav and MSC Ship Management, among others, are behind – the new alternative fuels are ranked based on how dangerous they are. The industry has to be careful with one of them, in particular.

Further reading

Related articles

Latest news

See all jobs