MDST and Global Shippers Forum launch the Container Shipping Market Quarterly Review #3
- By Antonella Teodoro
- •
- 02 Jun, 2021
The global
economy depends very heavily upon the effective connectivity, capacity,
reliability and cost effectiveness of the container industry. It is served by a
fleet of around 5,000 container ships with a combined deployed service capacity
of 200m TEU p.a. where 90% of the capacity on deep-sea services is controlled
by the leading 10 shipping lines. The value of goods they transport, around
$6-7 trillion p.a., equates to the combined GDP of Germany and the UK. This
quarterly review seeks to bring together and analyse supply, demand, performance
and economic data that uses common coding definitions to facilitate cross
referencing to provide a coherent description of this industry.
The data sources
are (effectively) in the public domain. The Review is based upon data that MDST
has been collating (on supply and demand) for 25 years. We are very interested
in any feedback. In future
editions, we will extend the richness of the data and analysis including for
example shipping lines’ capacity shares and the logistic performance indicators.
We are delighted to collaborate with the Global Shippers Forum in this venture, representing as it does the widest possible grouping of users of the container network. We trust it will be of interest to shippers, ports, lines, regulators, governments and international institutions alike.