Will the container industry be bleak until ?
Composed of highlights from the Annual Container Census & Leasing Report /23 and Container Equipment Forecaster 2Q22, published at the end of the second quarter, the results forecast a bleak scenario for the industry up until . The signs began to show in and have accentuated during the first six months of .
What is the forecast for Global throughput growth in ?
Adjusted forecast for global throughput growth is projected between 2.9% - 3.4% annually until , reflecting the container market. Growth in container trade is increasing, albeit slower. Therefore, demand for equipment is still rising. Record equipment production
Will reroutings affect ship demand in ?
In , the main driver of ship demand has been the shift from Suez Canal routings to routings via the Cape of Good Hope. As earlier mentioned, we now assume that these reroutings will impact all of . and drive ship demand growth negative, even though we forecast that cargo volume will expand by 3.5-4.5%.
Will cargo volumes increase ship demand by 22% between & ?
Cargo volumes are forecast to increase ship demand by 22% between and . supply/demand balance being weaker than in once ships can return to normal Suez Canal routings. was a year when freight rates were much lower than have been the case in recent years.
Why are lessors buying more containers this year compared to ?
This sharp drop is due to a slower rate of growth in trade, and due to the fact that lessors are exercising more caution about buying new containers against longer term commitments from the ocean carriers and kept their budgets significantly lower this year than they were in .
Who are the key stakeholders in the Panama Canal Authority (ACP)?
o key institutions: the Panama Canal Authority (ACP) and Panama’s Maritime Authority (AMP). Other key stakeholder re the Logistics Cabinet, Logistics Business Council (COEL) and the Maritime Chamber (CMP). The Panama Canal Authority (ACP) is an autonomous legal entity that oversees the administratio
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