Peter Sand, the chief shipping analyst for the Baltic and International Maritime Council (BIMCO) in Copenhagen reckons that global container fleets will grow 3% in 2019, which is just half the rate of 2018. He calls this a return to “fundamental balance,” which is likely to improve. BIMCO is the largest of the international shipping associations representing ship owners controlling 65% of the world’s tonnage. It has members in more than 120 countries, including managers, brokers and agents.