Dry cargo container prices have doubled over the past year, according to the <em>Container Census & Leasing Annual Review and Forecast 2021/22</em> report by analysts at Drewry Shipping Consultants. At the same time, container production is also breaking new records. All of this is due to the massive demand for sea transport services.

Container production surges by over 200% as prices hit record highs

Mediterranean Shipping Company (MSC) has ordered two container ships of 16,000 TEUs each. Including the earlier spring order, that’s now eight ships that will join the Owner’s fleet. MSC is beginning to be hot on the heels of the market leader Maersk, which currently has the greatest potential when it comes to <a href="https://trans.info/en/search?q=sea+transport" target="_blank" rel="noopener">sea transport</a>.

Container production surges by over 200% as prices hit record highs

MSC rapidly expands its fleet of container ships. Is Maersk about to be dethroned?