Global container market demand growth
Dark clouds have appeared on the horizon for the global container shipping market. The Hanjin bankruptcy in combination with recent mergers, such as Maersk's acquisition of Hamburg Süd, can be seen as indicators of the lack of certainty which is roiling the industry. In light of growing protectionism and political instability, the dynamics of world trade are beginning to affect the global supply chain. While it remains difficult to change the capacity of a vessel, ship scrappage levels remain high and demand for smaller vessels appears to be on the increase.
As of October 2017, the world’s leading container shippers include the Danish company APM-Maersk, the Swiss company Mediterranean Shg Co and the French company CMA CGM Group. APM-Maersk is the world’s leading container ship operator with a fleet of over 600 container ships. APM’s terminal segment is counted among the leading marine terminal operators worldwide. Marine terminal operators provide management services for ports. The port of Shanghai is the busiest container port in the world. In 2016, about 37 million twenty-foot equivalent units were handled here.