2024 is the year of the dry freight container, Drewry says
Drewry expects 2024 to be the second highest year on record for dry freight manufacturing as Q2 2024 records an all-time high quarterly production.
In July, the output of dry freight and reefer containers exceeded 850,000 teu from factories in China, with manufacturers reporting full orderbooks until mid-October.
Drewry noted that the provision for containers in numbers and at locations where they are required has become a challenge because of the strong exports from Asia, congestion at large container transhipment hubs and declining container productivity due to the extended voyage caused by the Red Sea crisis.
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