Choose language:

News

01
Container Shipping Market Overview and Outlook

Published on 2024/08/01

Market strength remains predicated on Red Sea reroutings

Supply/demand balance
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 be impacted and normal routings will resume starting in 2025.

More information:
https://maritimecyprus.com/wp-content/uploads/2024/07/BIMCO-Container-Shipping-Market-Overview-June-2024-Full-report.pdf