PRESS ROOM

As a provider of international container shipping services, the U-Freight Group, notes that a report on the Freight Buyers Club website suggests that with record deliveries of container ships expected this year and next, most analysts have predicted further heavy downside pressure on container shipping freight rates to be offset by carrier efforts to reduce capacity by slow steaming and lay ups or, alternatively, by a self-destructive scramble for market share.

However, Jan Tiedemann, Head Analyst at Alphaliner, believes a very different picture might play out in the coming years as a deluge of new vessels enter service.

“The thing that makes me at least a bit hopeful is that, for the first time, maybe in history, or in the history of container shipping, we’re coming towards a point where some of the orderbook might not be for growth, but actually for replacement,” he told the latest episode of The Freight Buyers’ Club podcast.

The article can be read in full at the following link: https://thefreightbuyersclub.com/container-shipping-is-now-maxed-out-claims-leading-shipping-analyst/

You can find more information about the U-Freight Group’s ocean freight services on our website or by speaking to your usual contact in our company.