After the post-pandemic era boom in the global container shipping industry, freight rates have returned to normal. With the release of large numbers of new ships and new containers, the lack of the container no longer exists.

The gap between supply and demand in the container market was exacerbated last year due to falling demand for containers and the launch of a large number of new vessels as a result of the rising risk of a recession abroad.

Although container traffic gradually recovered as China's economy began to recover after the holidays, recessionary pressures in Europe and the US remained, and foreign demand was difficult to improve significantly.