Container Shipping Market Overview & Outlook March 2024

Mar 21, 2024 · BIMCO's Shipping Market Overview and Outlook Mar 2024 - Container Market. ... March, June, September, December: Container: Supply/demand balance. Cargo volumes are …

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Container Shipping Market Overview & Outlook - SAFETY4SEA

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Container Shipping Market Overview & Outlook Red Sea attacks temporarily increase demand for ships. Ship supply is expected to grow on average 9.1% in 2024 and 4.1% in 2025. Sailing …

safety4sea.com

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Container Shipping Market Overview & Outlook December 2024

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Dec 19, 2024 · We expect that ship demand growth will end at 18-19% in 2024 and forecast growth of 3-4% in 2025 followed by a fall of 5-6% in 2026.. Compared to our previous forecast, …

bimco.org

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Container Shipping Market Overview & Outlook

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Container Shipping Market Overview & Outlook Supply to outpace demand in both 2024 and 2025 Demand We forecast that global container volumes will grow between 0% and 1% in 2023, …

globalmaritimehub.com

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Container Shipping Market Overview & Outlook - SAFETY4SEA

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Container Shipping Market Overview & Outlook Market strength remains predicated on Red Sea reroutings. Ship supply is expected to grow on average 10.3% in 2024 and 5.3% in 2025. After …

safety4sea.com

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Container Shipping Market Overview & Outlook - SAFETY4SEA

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Container Shipping Market Overview & Outlook Q2 2023 Highlights 2.9% The IMF forecasts that the global economy will grow by an average of 3.0% during 2023-2024, 2.8% in 2023 and …

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Container Shipping Market Size, Share, Trend Analysis By 2033

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The Container Shipping Market size is expected to reach a valuation of USD 30368.8 million in 2033 growing at a CAGR of 13.50%. The Container Shipping market research report classifies …

emergenresearch.com

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Container Shipping Market Overview & Outlook - SAFETY4SEA

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Container Shipping Market Overview & Outlook Q3 2023 Highlights. The IMF forecasts that the global economy will grow by 3.0% in both 2023 and 2024, significantly slower than the 3.7% …

safety4sea.com

FAQs about Container Shipping Market Overview & Outlook March 2024 Coupon?

What is the container shipping market outlook for 2024?

Container shipping market outlookfor 2024Container shipping is under pressure from large amounts of new capacity coming into the fleet, however, events in the Red Sea are boos the short-term.Marcus Hand | Jan 05, 2024In the second part of our 2023 shipping market outlook series we are focusing on the container sector with Maritime Strategies I ...

What will the global container market look like in 2023?

The supply/demand balance will continue to weaken and freight rates, time charter rates, and second-hand pries will come under further pressure. We forecast that global container volumes will grow between 0% and 1% in 2023, and between 3% and 4% in both 2024 and 2025. ...

How will the container ship fleet grow in 2024 & 2025?

The container ship fleet is forecast to grow 9.5% during 2024 and 4.9% during 2025, equal to 14.9% growth over the two years combined. The largest ships with capacities of 12,000 TEU or more, of which there are around 800, will contribute 75% of the total capacity growth as the order book remains large and no recycling is forecast for the segments. ...

What are the major concerns in container shipping industry in 2024?

1. Supply-demand balance and a massive influx of additional capacity in the market Perhaps the most common concern in the container shipping industry has been the massive influx of new capacity that is expected to inundate the market in 2024 (and 2025 as well). ...

How will global container volumes change in 2024?

According to the international shipping association BIMCO, global container volumes are projected to witness a modest increase of 3% to 4% in 2024. Simultaneously, the global ocean fleet is expected to grow by 7.8%, reaching an unprecedented 2.7 million TEU. For freight forwarders, this scenario translates into heightened competition. ...

Will container trade grow faster in 2024 or 2025?

Elsewhere, faster growth is expected in Sub-Saharan Africa whereas growth is forecast to slow in Oceania in 2024 but rebound in 2025. We forecast that container volumes will grow 3-4% in both 2024 and 2025 and thus slightly faster than the global economy We expect head-haul and regional trades to grow marginally faster than the total. ...