Lars Jensen: Container market set to be “drastically different” in 2023

The Baltic Exchange, in collaboration with Freightos, and Vespucci Maritime, have released their container shipping report for January.

Their opinion is that in 2023, container market conditions will be drastically different from 2022.

A normalisation of container logistics, retail inventory correction, a cyclical downturn and new environmental regulations could shape the new year.

Operational normality was thoroughly disrupted by the ripples of the pandemic in 2020-2022. At a visual level, the...

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