On December 21, Jinshi Data reported that Fitch Ratings stated that the global container shipping industry will face pressure from oversupply and the easing of interruptions in the Red Sea shipping, while the performance of oil tankers and dry bulk shipping may remain strong next year. Fitch Ratings expects a rise of about 3% in container shipping volume by 2025, while the rise in supply will exceed 5%. The agency expects container shipping rates to decrease by 2025. Fitch Ratings states that demand for oil tankers and dry bulk is expected to rise by 2025, although the growth rate will be lower than this year. Fitch Ratings states that driven by reduced global demand for iron ore and coal as well as trade tensions, the volume of dry bulk cargo is expected to rise by about 1% in 2025, compared to a rise rate of 2.7% in 2024.
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GateUser-c6ea556d
· 2024-12-21 14:53
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Fitch: Global container shipping will face pressure next year
On December 21, Jinshi Data reported that Fitch Ratings stated that the global container shipping industry will face pressure from oversupply and the easing of interruptions in the Red Sea shipping, while the performance of oil tankers and dry bulk shipping may remain strong next year. Fitch Ratings expects a rise of about 3% in container shipping volume by 2025, while the rise in supply will exceed 5%. The agency expects container shipping rates to decrease by 2025. Fitch Ratings states that demand for oil tankers and dry bulk is expected to rise by 2025, although the growth rate will be lower than this year. Fitch Ratings states that driven by reduced global demand for iron ore and coal as well as trade tensions, the volume of dry bulk cargo is expected to rise by about 1% in 2025, compared to a rise rate of 2.7% in 2024.