Fitch Ratings states that the global container shipping sect...

Fitch Ratings states that the global container shipping sector will face pressure from oversupply and the easing of disruptions in the Red Sea shipping route, while the performance of tankers and dry bulk shipping may remain strong next year. Fitch expects the growth of container transportation volume to be around 3% in 2025, with supply growth exceeding 5%. The institution forecasts that container freight rates in 2025 will also decrease. Fitch anticipates that by 2025, there will be an increase in demand for tankers and dry bulk, although the growth rate will be lower than this year. Fitch notes that driven by reduced global demand for iron ore and coal, as well as trade tensions, the dry bulk shipping volume in 2025 is expected to increase by about 1%, compared to a growth rate of 2.7% in 2024.