CIMC Photo 256005425 © Timon Schneider Dreamstime.com
Photo: © Timon Schneider Dreamstime.com

Worldwide container production hit a 10-year low, of 850,000 teu in H1 23, according to Wu Sanqiang, secretary at China International Marine Containers (CIMC), the world’s largest box manufacturer.

Mr Wu was speaking at a roadshow on Wednesday that coincided with the release of CIMC’s H1 results, which showed net profit plunging 69% year on year, to $136.6m.

CIMC saw its sales of dry containers fall 61% from H1 22, to 263,100 teu, as “demand corrected ...

Please Register

To continue reading, please login or register for full access to our free content
Loadstar subscriber
New Loadstar subscriber REGISTER

Comment on this article


You must be logged in to post a comment.