Global container volumes continued showing strength in January 2025, reaching 15.4 million TEU, a Y/Y growth of 5.8%, according to data from Container Trade Statistics (CTS). Using the CTS data, we calculate that global TEU*Miles – adjusting for nautical distance sailed – grew a very strong 8.1% Y/Y in January, soaking up more vessel capacity, while the growth in head-haul container trades in January 2025 was also very strong, at 12.9% Y/Y. (....)