COVID pandemic wiped 24.6 million TEU off container market growth
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Head-haul and regional trade volumes fell 4.9% y/y during the first half of 2023, 8.0% in the first quarter and 2% in the second. We forecast volume growth of 6.1% y/y during the second half as we do not expect that the markets will see the same unseasonably strong decline as in 2022. Full year volu... Please follow the link to continue reading.
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BIMCO has established a subcommittee to develop a standard contract for offshore wind turbine transport and installation, supporting the renewable energy industry.