According to the International Monetary Fund’s (IMF) estimates, the global economy should grow 3.1% in 2024 and 3.2% in 2025, slightly higher than the 3.0% estimated for 2023. China is forecast to continue to suffer from its ongoing real estate sector crisis, seeing growth slow from 5.2% in 20... Please follow the link to continue reading.
Though container volume growth has obviously been lower than many had hoped, it is the supply side developments that are the market’s main challenges. Supply is forecasted to grow at an average annual rate of 8.4% between 2023 and 2025. Even at the best of times, ship demand would not see similar ... Please follow the link to continue reading.
We forecast that global container volumes will grow by between -0.5% and 0.5% in 2023, and by between 3.0% and 4.0% in 2024. Combined, head-haul and regional trade volumes are faring slightly better. We predict growth of between 0.0% and 1.0% in 2023 and between 3.5% and 4.5% in 2024. During the f... Please follow the link to continue reading.
We have revised our fleet growth forecast to 7.9% in 2023 and 7.8% in 2024. Year-to-date, the total TEU capacity of ships delivered from shipyards reached a record high. Shipowners have, however, continued to order new ships and the order book has remained only marginally smaller than the record 7... Please follow the link to continue reading.
We forecast that global container volumes will grow between 0% and 1% in 2023, and between 3% and 4% in both 2024 and 2025. Combined head-haul and regional trade volumes are expected to grow 0.5 percentage points faster than the total volumes in both 2023 and 2025 but in line with total volumes in ... Please follow the link to continue reading.
We have revised our assumption regarding when ships might return to normal Red Sea and Suez Canal routings. In our previous report, we assumed that reroutings will only impact the first half of 2024. Since there are no signs of a resolution, we now work with a scenario assuming that all of 2024 will... Please follow the link to continue reading.
So far this year, container volume growth has developed more favourably than we predicted in our last report and we have also upped our growth forecast for the full year. We now forecast that container volumes will grow 5.0-6.0% in 2024 and 3.0-4.0% in 2025. Head-haul and regional trades are expect... Please follow the link to continue reading.
