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Until recently, it was not that common to use the word container within the shipping industry, with concerns more focused on the bigger picture of vessels and capacity.
The coronavirus and its impact on the global supply chains, though, has changed that, and amid surging demand and record freight rates, it is a trend that industry insiders expect to extend into the second half of the new year.
Since last summer, container freight rates
have been rising mainly due to sustained demand, particularly for supplies to fight the coronavirus as well as work-from-home related items, as well as an increasing shortage of containers and other equipment.