Eng
According to Linerlytica, the container shipping market will struggle with a supply-demand imbalance until the end of 2030. A slowdown in global economic growth, coupled with a record number of new container ship orders, is expected to result in a decline in revenue for shipping companies.
IMF forecasts suggest that global trade growth will reach 3.5% in 2025 only to slow to just 1.9% in 2026. Analysts at Sea-Intelligence have confirmed that the global economic outlook points to a period of high uncertainty and volatility ahead, with the main risk in 2026 being a sharp drop in demand.
Sea-Intelligence adds that the short-term rise in rates in early June has faded away, and that the long-awaited peak season may not arrive at all. The worst-case scenario is that traffic could fall by 26% in August compared to the same period in 2024. This will result in more cancelled voyages and downward pressure on rates.
Linerlytica points out that the forecast does not factor in the possibility that the crisis in the Red Sea region could come to an end. Switching from the route around the Cape of Good Hope back to those in the Red Sea would increase the actual supply of container ships by a further 7%, exacerbating the issue of excess transport capacity.
Source: seanews.ru