ID 28479767
© Bartuchna
| Dreamstime.com
Container shipping is entering autumn with more underlying support than many expected in the bear camp.
How so?
Global teu-mile demand has grown 6.1% this year, ahead of roughly 5% vessel-supply growth, according to LinerLytica. CleanTech exports from China, containerised car shipments supported by car-carrier shortages, and US data-centre and AI-related construction demand have all added to cargo growth.
At the same time, Asian weather disruptions and congestion have tightened effective capacity, helping keep rates and profitability well above break-even.
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