Red Sea disruption pushing up container values and rates

Container values have risen significantly across almost all sectors and age categories since the start of the year.

Following an extended period of declines, where values fell steadily for this sector after reaching a record peak during the Container boom at the end of Q1 2022. However, since January 2024, values have taken a turn in the opposite direction and older vessels have shown the most strength, with values for 20-year-old Handy Containers of 1,750 TEU up by as much as 43% since the new...

https://container-news.com/red-sea-disruption-pushing-up-container-values-and-rates/

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