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As trade volumes, particularly container traffic, between Asia and Europe continue to grow and as geopolitical events disrupt existing trade corridors, major trading and logistics companies are exploring ways to diversify and optimise transport routes and make them more sustainable.
The market is bracing for a massive inflow of new capacity amid slowing demand and resolved congestion. This makes capacity discipline paramount for container liners, but that won’t be easy with increasing competitive pressure after years of record profits