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The container liner industry is facing the biggest crisis in history, and the industry downturn may continue until 2026

Release time: 2023-11-08   Browsing:544次
According to the latest information from One Shipping:Recently,HSBC released a global shipping market research report that said: Container liner companies may be facing the biggest crisis in history, because shipping companies are experiencing the most serious depression!To make matters worse, the downturn in the entire container industry will continue until 2026.
Recently, a study by RTI International pointed out that the increasing threat of climate change in recent years, resulting in global shipping industry to lose up to $10 billion per year by 2050,and the loss will further climb to $25 billion by 2100. Of all the transport sectors, shipping will be hit hardest by climate change. About 90 percent of the world's traded goods are now transported by water, and the volume of global waterway trade is expected to triple by 2050 as demand rises. But at the same time, the shipping industry is also facing the threat of extreme weather such as tropical storms, floods and droughts.