Global Container Ship Count Recovers After 10% Decline

What happened

Bloomberg’s global container ship count fell 10% between February and December but recovered over the next three months, reaching 1.6% above December’s level in May. Trade growth remained robust through April 2026.

Why it matters

The recovery suggests non-energy merchandise trade hasn't been adversely affected by Middle East instability or high fuel prices. However, trade tensions with the US persist, and recent departures from Asia were impacted by Super Typhoon Bavi.