In the unpredictable world of the container shipping industry, the last few years have been nothing short of a rollercoaster ride. From the soaring rates of early 2022 to the rock-bottom prices experienced in 2023, stakeholders are eager to discern what lies ahead in 2024. Will the container liners see a recovery, or are more…
Globalia Blog
Tag: ocean freight trends
The rising number of new container ships in 2023 and its impact
The capacity crunch in the ocean freight industry during the three years of the pandemic compounded the existing uncertainties and eventually resulted in a perfect storm for shipbuilding markets. All the players in the container shipping sector started ordering more container ships than ever before. As per an estimate by Maritime Strategies International (MSI), with…
Trends that will reshape the ocean freight industry in 2023
The ocean freight industry is currently going through a massive transformation and since the abatement of the pandemic, it is now all focused on dealing with the threat of climate change through the green transition. Moreover, the changes in this sector are also taking place because of other factors such as the introduction of new…