The rise and fall of container spot rates — and what it means for 2026
MSI29 September 20251 Minute
Two years is a lifetime in shipping markets. It’s worth looking back to the pre-Red Sea crisis situation in the autumn of 2023, because today’s container shipping market appears ominously similar.
Next year’s newbuildings will enter a market that is already saturated with capacity. The fleet is much larger than it was before the Houthi attacks. Global containership capacity has increased by 5.1m teu or 19% since 3Q23, according to data from MSI. Read more at Lloydslist.