Container shipping equities have started recovering after significant declines in 2Q23, anticipating an uptick in demand with the peak season’s arrival, albeit later than historical standards. The Drewry Container Equity Index increased 10.4% in July (as of 21 July 2023), but due to the 24.0% decline in 2Q23 (vs 1Q23: +11.3%), the index fell 6.7% …