AJOT | May 23, 2024 | Maritime | Liner Shipping
• Leasing prices for 40 ft high cube containers in China go 2.5X in May
• Average container prices in China significantly volatile for 40 ft High cube containers, customers report 88% spike in April-May
• 75% of container traders and leasing companies surveyed confirm tighter market, report extremely high prices for 40 ft high cube containers in China