🔥 Who Was the Most Reliable Container Carrier in the First 9 Months of 2024? Dive into Maritime Analytica Insight - 86
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📈 Carrier Reliability 2024
✨ Trump’s Tariffs: Impact?
🛳️ Box ship Boom 2024
📦 Container Demand Rebounds
🌊 Shipping’s Perfect Storm
🚢 Fleet Growth 2025
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📈2024 Global Carrier Reliability: Consistency Over Top Spots
Leading carriers rarely rank 1st in over 30% of trade lanes but excel by staying in the top 5 on 50%-80% of routes.
Composite scores for Jan-Sep 2024 highlight consistent high performers rather than frequent 1st-place finishes.
Maersk led with 44% top 3 rankings; ZIM, CMA CGM, MSC, and PIL followed.
ONE ranked lowest, with top 3 placements only 30% of the time.
✨Trump's First-Term Tariffs: Did They Close the Trade Deficit?
Despite tariffs, the US trade deficit grew from $480bn in 2016 to $653bn in 2020.
Tariffs led to a stronger US dollar, making US exports less competitive.
Some multinational companies bypassed tariffs by relocating production.
The trade deficit failed to close due to these complex global dynamics.
🛳️Boxship Orders and Deliveries Hit Record Highs in 2024
Orders Surge: New orders up 52% year-on-year.
Record Deliveries: 531 ships expected by year-end.
Few Demolitions: Only 48 ships scrapped, down 45%.
Charter Rates Double: Post-panamax rates reach $72,000/day.
Continued Growth: Strong market signals sustained demand.
📦Global Container Demand Recovering
Recovery: Strong recovery in Asia-AMLA, intra-Asia, and AMNO import lanes.
Demand: Strong post-Golden Week demand.
Challenges: Global PMI signals weakening manufacturing sector.
Uncertainty: Mid-term outlook remains more uncertain than current conditions suggest.