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There’s growing evidence that the days are coming to an end of the booming consumer demand, which saw container shipping hit record high levels of profitability over the last couple of years.

Drewry’s latest global port throughput index for April shows an increase of 1.7% month-on-month to reach 141.1 points, 1.5% below the 143.1 points recorded in April 2021.

“This is further evidence that the post-Covid demand boom appears to have run its course,” Drewry stated in a new report with many nations around the world battling high inflation and some of the world’s largest shippers indicating lately inventory overstocking.

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