Parash Jain predicts that once the Strait of Hormuz and Red Sea routes reopen, the container shipping sector will see sustained pressure on freight rates.

Parash Jain suggests that many vessels stranded in the Strait of Hormuz for over 100 days will likely require dry docking for biofouling removal, absorbing shipping capacity in the short term.

Parash Jain warns of a strong El Niño event in the latter half of the year, which could create shipping bottlenecks due to low water levels in the Panama Canal and Rhine River.