Container freight rates fall to 2019 levels while costs remain high
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Global container volumes down 1.7% in first 11 months of 2020
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Container fleet growth up 11.6% from June 2019, catching up with transport demand
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Head-haul and regional container trade volumes fall 1.5% m/m in July
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Container market grows a modest 0.2% y/y in 2023 as the fleet swells
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Container ships reach highest average age on record of 14.2 years
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Container ship fleet expands by 11%, fastest growth in 15 years
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Chinese export container rates drop 27% as usual Lunar New Year cargo rush fails
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Record high container order book of 7.54 million TEU signals significant change
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Container spot rates 32% up on 2019 despite weaker supply/demand balance
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