Fortress SITC – liner shipping's insulated star performer
Is it a bird? Is it a plane? Nope, it’s a ship
Of the leading liner analysts John McCown is, I think, the best at the history of container statistics, so kudos to him for the following nuggets of data gold: for two consecutive quarters, global container volumes have been at record levels – as per Container Trade Statistics (CTS), 3Q24 volume was 47,121,793 teu, 1.5% up on 2Q24’s 46,445,425 teu and 2.1% up on the previous record during the pandemic of 46,155,341 teu in 2Q21. This testifies to the fact that ...
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