Clarksons’ latest container shipping report said that weak “underlying” supply-demand fundamentals will materialise once the Red Sea disruption regresses.
Boxship fleet growth is estimated at 9% this year, outpacing demand growth of approximately 4%.
In the second half of 2024, assuming that the Red Sea crisis has been resolved, the challenges seen after the Covid-19-fuelled boom could rear their head again.
Clarksons said, “The situation is fluid, but at present a resolution seems unlikely in the...
https://container-news.com/end-of-red-sea-crisis-to-reignite-container-shipping-challenges/