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The container shipping market is expected to grow by 4.3% during the period (2021-2026). According to industry reports, shipping will remain the largest ton-kilometer contributor globally. Ships will account for more than three-quarters of all freight movement by 2050. Sea voyages account for the bulk of long-distance freight movement, which will continue in the coming years. The current demand curve projects that maritime freight will grow at a compound annual growth rate of 3.6% through 2050. This will nearly triple the volume of maritime trade in 2050.

The dry bulk sea freight index of the Baltic Exchange, which measures prices for ships transporting dry goods, increased 1.5% on Friday for the third consecutive session, reaching a new high of 1,373 points since April 7 due to increased demand in all vessel segments. The panamax index, which typically tracks ships carrying 60,000–70,000 tons of coal or grains, increased 1.5% to 1,392 points for the eighth consecutive session, while the capesize index, which transports 150,000-ton cargoes like coal and iron ore, also advanced for the third day, rising 2.3% to 1,889 points. The supramax index decreased by one point to 977 points among smaller vessels. The benchmark index increased by about 9% for the week, marking its second consecutive weekly gain.

The shipping container market is consolidated. The top 3 companies hold more than 70% market share. Top shipping container suppliers include China International Marine Containers (Group) Ltd (CIMC), Dong Fang International Container (Hong Kong) Co. Ltd, and Maersk Container Industry USA.