July 2023

Shipping Industry Uncertainty

Damas JatiJuly 3, 2023August 31, 202307 mins

Shipping performance in the first half (H1) seems negative growth. The market is still uncertain in the second half of this year, though BIMCO (Baltic and International Maritime Council) expects a recovery. Global container volumes in the first half of 2023 show negative growth as head-haul and regional trade lanes have not yet recovered from…

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New Supply Create Records, Will It Be Oversupply?

Damas JatiJuly 3, 2023August 31, 202302 mins

There are indicators that the demand for global containerized trade will slow down this year. Data in the first half of 2023 has said it. Coming to the second half, the condition is still uncertain. There is no sign of demand increase. On the other hand, supply is expected to increase significantly this year and…

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Shipping Industry Uncertainty

New Supply Create Records, Will It Be Oversupply?