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Global Container Volumes Increased by 10.7 Million TEU in 2024
In 2024, the container market surpassed growth expectations, with volumes increasing by 6.2% and demand for teu-miles rising by 21%, according to Sea-Intelligence. This surge was largely due to the Red Sea crisis, which forced carriers to reroute vessels around Africa. Overall, global container volume increased by 10.7 million TEU year-over-year. While seven trade lanes recorded
