CIMC profits plunge as global container production hits ten-year low
Worldwide container production hit a 10-year low, of 850,000 teu in H1 23, according to ...
Saffeen Prime Source vesselfinder
The world’s largest container manufacturer has joined the gold rush on transpacific liner routes.
The Loadstar has learned that China International Marine Containers (CIMC) has begun shipping containers from China to the US west coast, after freight rates on the lane hit a record $20,586/teu in September, according to Freightos.
While CIMC’s core business remains container manufacturing, it is also active in other areas, including logistics as a freight forwarder.
A CIMC employee confirmed to The Loadstar that the company had chartered some ...
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