by Mike Garratt, Managing Director, and Antonella Teodoro, Senior Transport Consultant, MDS Transmodal
Someone falling into a deep coma four years ago in December 2019 and re-awakening today might be forgiven for believing that little had changed in the world of deep-sea containers.
Container Trade Statistics reported a 4.7% growth in global loaded TEU. The Shanghai Containerized Freight Index was marginally higher. Maersk's Q3 EBITDA was still around 14% of turnover. Mean ship size was up by 11%.
How misleading those initial observations would have been!
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