News / CIMC reports soft demand for new containers, but eyes recovery in 2024

CIMC Photo 256005425 © Timon Schneider Dreamstime.com

Photo: © Timon Schneider Dreamstime.com

03/07/2023

Container demand is expected to be muted this year as freight rates continue heading south, according to China International Marine Containers (CIMC) chairman and CEO Mai Boliang.

However, at the company’s AGM last week he also predicted that, with periodic renewal, container demand would improve in ...

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