CIMC Group: Recent container demand and prices have rebounded again

MetaMuskRat · 2026-03-29T14:14:54+00:00

On March 27, CIMC Group executives stated that amid escalating geopolitical conflicts, container demand and prices are rebounding. Business cannot be predicted using conventional thinking, and responsiveness is more important. Although international trade has slowed, it still continues to grow, and containers remain a key transportation tool. It is expected that by 2029, the global container fleet will exceed 70 million TEU.

MetaMuskRat

2026-03-29 14:14:54

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On March 27, People’s Financial News reported that during the 2025 performance briefing, executives from China International Marine Containers (Group) Co., Ltd. indicated that, in light of escalating geopolitical conflicts, container demand and prices have recently rebounded. Current predictions for the container business can no longer rely on conventional thinking; the ability to respond quickly has become more important. Overall, although international trade is slowing down, it is still maintaining growth; containers remain the most important and advanced mode of transportation, with no alternatives currently available. CIMC is also consolidating its advantageous position. It is predicted that from 2026 to 2028, the delivery capacity of container ships will be approximately 9.5 million TEU (twenty-foot equivalent units), while the speed of container shipping continues to decline, leading to new box demand. It is expected that the inventory of containers will exceed 70 million TEU by 2029, with at least 2 to 3 million TEU being updated each year.

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