China International Marine Containers (CIMC), the world’s largest container manufacturer, said that its factories are full with orders until at least the end of March, as the Red Sea crisis saw rocketing demand for containers.
The Chinese state-owned company made this disclosure in a filing to the Shenzhen Stock Exchange, revealing that its 2024 net profit is set to rise by six- to eight-fold from 2023, to between US$340 million and US$480 million.
Market estimates indicate that for the final...
https://container-news.com/cimc-container-orders-fully-booked-through-march/