During the pandemic market disruptions in the period mid-2020 to January 2022, the distance impact on container shipping was the need for a 2.1 percent additional capacity on top of any capacity injection needed to cater for trade growth in itself.
"However, the developments into 2022 have shifted to become negative, and in May 2022 we now see a distance impact where there is now a reduced need for vessel capacity of 3.4 percent as a consequence of shortening distances (Figure 1)," says an update from Sea-Intelligence.
Sea-Intelligence Container travel distance impact turning negative: Sea-Intelligence With the market on a decline in terms of supply/demand, shift in sailing distance impact becomes an added element. Photo Credit: Hapag-Lloyd Our Correspondent29 July 2022 1:00 PM During the pandemic market disruptions in the period mid-2020 to January 2022, the distance impact on container shipping was the need for a 2.1 percent additional capacity on top of any capacity injection needed to cater for trade growth in itself.
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