Price Comparison of High-Pressure Folding Containers in ASEAN

Why are container shipping services in the ASEAN region unreliable?

Container shipping services in the ASEAN region became unreliable, in part because vessels were redeployed to more lucrative Asia-US or Asia-Europe routes. Slow container circulation left the region’s exporters with a shortage of empty containers. These issues rippled through port and hinterland operations, causing delays throughout supply chains.

Are empty containers a problem in ASEAN?

Many Member States have struggled to access empty containers throughout the pandemic. ASEAN does not currently have any shipping container manufacturing capabilities. Allowing international vessels to move empty containers has helped facilitate their repositioning, but this still requires one-off licences in some Member States.

How can ASEAN improve liner shipping?

Measures, such as capping shipping rates, would likely cause shipping lines to divert services to more commercially viable routes. However, as market concentration becomes more visible, ASEAN could work with international partners to increase coordination against further consolidation in the liner shipping industry.

Are new shipping containers more expensive than used?

New containers are typically more expensive as they are in perfect condition and ready for long-term use. Used containers are less costly but have some wear and tear. Shipping container sizes and prices are directly linked to each other. The price also depends on how well the container has been maintained over time.