Container shipping market outlook for 2024

Container shipping is under pressure from large amounts of new capacity coming into the fleet, however, events in the Red Sea are boosting spot rates at least in the short-term.In the second part of our 2023 shipping market outlook series we are focusing on the container sector with Maritime Strategies International (MSI) analyst Daniel Richards. Speaking to the Seatrade Maritime Podcast Richards says the headline takeaway is that container shipping will struggle with overcapacity in 2024.Listen now