Evergreen expects the overall container shipping industry to stabilize this year

Evergreen chairman Xie Zhijian recently believed that the performance of the container shipping market in 2011 will be better than expected. It also said that it has once again raised the forecast for the increase in the volume of wire products in Europe and the United States in 2011. According to statistics, 2011 will be another peak in the delivery of super-large container ships. The capacity of global container ships will continue to grow rapidly. Most of them will be delivered in the first half of the year. It is sufficient to open up 4 to 5 Asia-Europe and 5 Pan-Pacific lines respectively. However, Xie Zhijian stated that Evergreen had originally estimated that the growth of the Pan-Pacific line traffic in 2011 will only increase by 6 to 8%, while the European line is estimated to grow by 8%, but according to US data and survey visits by Evergreen’s customers, the company has recently In 2011, the growth rate of the Pan-Taiwan line is expected to increase from 8% to 10%, while that of the Asia-Europe Union will increase to 10%, while the growth rate of the containership capacity will remain at 8.9%, and supply and demand will be fairly balanced. In addition, Xie Zhijian also expects that there will be a round of freight rates before the Lunar New Year.