News / Container teu-mile growth could go into reverse if Red Sea transits resume

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Ocean container teu-mile trade grew 18% year on year in 2024, to 1,171 teu per mile, mainly due to vessel detours to avoid the Red Sea , according to a Clarksons report.

Container teu-mile trade is a measure of the volume of goods transported in boxes, and is often used to analyse global trade patterns.

Front-loading to avoid potential disruptions to the traditional peak period, also caused an early peak season, wrote Clarksons analyst Trevor Crowe.

Global container trade grew 5%, to 211.6 ...