Sluggish Container Demand See Terminal Operators Face Tougher Times

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Slowing volumes and sluggish container demand see terminal operators face tougher times in 2023, says an article pubished on Seatrade-maritime.

Reported strong financial results

Despite port throughput growth grinding to a halt in 2022, terminal operators in the main have reported strong financial results.

However, Drewry’s latest analysis indicates far tougher conditions in 2023 due to weakening demand and high inflation.

Inventory de-stocking

It is increasingly...