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2023 sees containerships moving at slowest speeds on record

With our comprehensive portfolio of international container shipping services, the U-Freight Group notes that according to Clarksons Research, ships in the containership sector have travelled at record slow speeds this year.Clarksons Research reports that average containership speeds between January and August were down 3% on the 2022 average, reaching a record low of 13.7 knots in February and despite subsequently ticking up to 13.9 knots in Q3, remaining below the lowest level on record prior to this year.BIMCO statistics, meanwhile, show containership supply is set to grow 6% faster than the fleet in 2023 due to lower congestion than in 2022. Year to date 2023, containerships have on average sailed 3.5% slower than in 2022, according to BIMCO with supply forecast to grow 3% to 5% slower than the fleet in 2023 and 2024.You can find more information about the U-Freight Group’s ocean freight services by visiting the relevant pages of this website or speaking to your usual contact in our company.