As businesses across the world grapple with fallout from a global shipping container shortage exacerbated by the COVID-19 crisis, container manufacturers appear in no hurry to restore the balance as they seek to boost profits in a once former flagging industry.

One of the main problems for the smooth flow of global trade is containers have become displaced around the world far away from ports where they are needed, while retired containers have not been replaced fast enough to keep up with demand.