2020-2021 better for container shipping.

Sluggish activity at ports around the Greater China region has been one of the most visible effects of the downturn in world trade in 2019. But port operators - as well as shipping lines, logistics providers, and others engaged in the sector - may now be able to look forward to gradually improving conditions in 2020 and beyond. In our view improving global business sentiment and a range of local factors should mean that world trade starts to recover from mid-2020 onwards.

Our forecasts indicate global trade growth picking up to 2.5 percent in 2021 and 3 percent in 2022, driving a similar rate...