Bimco goes grim, predicting a weak peak season for container shipping this year

Shipping association Bimco is predicting a gloomy outlook for the liner industry, with weak demand growth and a return to negative margins for ocean carriers.
The timing of the Chinese new year tends to skew container throughput during the first quarter but Bimco’s latest container review says it now has sufficient data for a “first glimpse at the real trend” and suggests there are “many pitfalls” expected in the coming months.
It advises …

The post Bimco goes grim, predicting a weak peak season for container shipping this year appeared first on The Loadstar.

Source: The Loadstar

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