## Company Profile SOUTH EAST ASIA ENTERPRISE (SEAE) — freight forwarder based in Bangladesh. Website: https://seae-bd.com. Offers freight forwarding and cargo facilities (container handling, booking coordination, customs formalities/clearance and inland transport support). Operates in the Bangladesh export corridor (Chittagong/ICD → transhipment hubs → Europe/US). Public profile and scale not disclosed on linked site; positioned as a local/regional forwarder serving RMG and other exporters. ## Pain Points ## Intel Summary === MULTI-DIMENSION RESEARCH === === 1. COMMODITY TRENDS — BANGLADESH RMG EXPORTS & DEMAND, 2026 OUTLOOK === **Export performance & demand trend into FY26** - Bangladesh’s RMG exports grew strongly through FY2024–25, but the latest data and central bank commentary show **softening demand and a more cautious FY26 outlook**: - RMG exports July–March FY2024–25 reached **US$30.25 billion**, up **10.84% YoY**, with the EU accounting for **49.8%** (US$15.07 billion, +11.3% YoY) and the US **US$5.74 billion, +17.2% YoY**.([tbsnews.net](https://www.tbsnews.net/economy/rmg/rmg-exports-traditional-markets-drive-1084-yoy-rise-july-march-fy25-1118241?utm_source=openai)) - A later Bangladesh Bank “Quarterly Review of RMG: Oct–Dec FY26” reports **export earnings of US$9.74 billion**, **‑5.99%** vs US$10.36 billion in the same quarter of the previous year, signaling a **recent contraction in order values**.([thedailystar.net](https://www.thedailystar.net/business/news/rmg-sector-faces-headwinds-outlook-cautiously-moderate-bb-4138341?utm_source=openai)) - The central bank characterizes the near‑term RMG outlook as **“cautiously moderate”**, citing global demand uncertainty, inflation in importing countries, and changing consumer spending.([thedailystar.net](https://www.thedailystar.net/business/news/rmg-sector-faces-headwinds-outlook-cautiously-moderate-bb-4138341?utm_source=openai)) **Buyer/geography shifts & competition** - **Traditional markets still dominate but are evolving:** - As of FY2024–25, **about 70% of RMG exports** went to the US, EU, and a small set of other developed markets (US, Germany, UK, Spain, France, Netherlands, Italy, Canada, Belgium).([thedailystar.net](https://www.thedailystar.net/business/news/rmg-sector-faces-headwinds-outlook-cautiously-moderate-bb-4138341?utm_source=openai)) - Earlier 2024 data showed Bangladesh as **3rd largest apparel supplier to the US** with **~9.3% US market share**, behind China and Vietnam; exports to the US in calendar 2024 were **US$7.34 billion (‑25% from the 2022 peak, but +0.75% vs 2023)**.([tbsnews.net](https://www.tbsnews.net/economy/rmg/apparel-exports-us-grow-slightly-734b-2024-1064131?utm_source=openai)) - **Buyer sourcing diversification / nearshoring pressures:** - Bangladesh has been gaining some **diverted orders from China**, especially in basic knit and woven items, as brands seek to reduce over‑dependence on China.([online.thedailystar.net](https://online.thedailystar.net/business/news/apparel-exports-us-rose-14-fy25-3938066?utm_source=openai)) - At the same time, **nearshoring** (e.g., EU buyers shifting some volume to Turkey, Eastern Europe, North Africa; US buyers adding capacity in Mexico/Central America) is eroding part of Bangladesh’s growth room; a recent EU–India FTA analysis notes that **price‑sensitive EU growth for Bangladesh has been running ahead of India’s, but with rising price pressure and post‑LDC preference risk**, indicating that **future EU growth is likely to be more competitive and margin‑compressed** rather than volume‑unconstrained.([bracepl.com](https://www.bracepl.com/brokerage/assets/research/comsector/Special_Brief_-_EU-India_Concludes_FTA_Deal%2C_Implications_On_Bangladeshs_RMG_Exports.pdf?utm_source=openai)) - RMG‑focused trade guidance for 2026 flags **US “reciprocal” tariff risks** and Bangladesh’s **graduation from LDC status**, which together could raise the **effective duty burden on some apparel lines by around 20 percentage points for US‑bound trade**, making standard/basic orders more vulnerable to nearshoring shifts.([dhl.com](https://www.dhl.com/discover/en-bd/e-commerce-advice/e-commerce-sector-guides/tips-for-garment-export-from-bangladesh?utm_source=openai)) **Order volumes & product mix signals** - Central bank and industry commentary imply: - **Volume resilience but value pressure**: global brands are pushing for price concessions while adding compliance requirements; some of the recent **‑5.99% YoY export value drop** for Oct–Dec FY26 is attributed to **lower average unit prices and order rationalization**, rather than a collapse in physical volume.([thedailystar.net](https://www.thedailystar.net/business/news/rmg-sector-faces-headwinds-outlook-cautiously-moderate-bb-4138341?utm_source=openai)) - Stronger performance continues in **man‑made fiber (MMF), functional and sustainable lines**, aligned with EU “green” regulations and US buyer ESG requirements, while **basic cotton knit/woven** is under the most price/nearshoring pressure.([bracepl.com](https://www.bracepl.com/brokerage/assets/research/comsector/Special_Brief_-_EU-India_Concludes_FTA_Deal%2C_Implications_On_Bangladeshs_RMG_Exports.pdf?utm_source=openai)) **Cost & margin environment for 2026 orders** - A 2026 sector energy/operations update notes: - Bangladesh has moved from acute gas/power stress into a **“managed and stabilizing” fuel situation**, with RMG prioritized for energy allocation.([appareltimesbd.com](https://appareltimesbd.com/bangladesh-energy-update-2026-rmg-sector-stability-sourcing-outlook/?utm_source=openai)) - Nevertheless, factories are facing a **5–15% cost increase in upcoming orders**, driven by energy, wage, and compliance expenditures—partially offset by productivity and LEED/efficiency investments.([appareltimesbd.com](https://appareltimesbd.com/bangladesh-energy-update-2026-rmg-sector-stability-sourcing-outlook/?utm_source=openai)) - For buyers, this implies: - **Unit FOB quotes for 2026 programs are likely to be 5–15% higher** vs prior seasons if factories can pass through costs; if buyers resist, **margin compression at factory level** is likely, and financially weaker units may exit or consolidate. **Key take‑aways on 2026 demand for Bangladesh RMG** - **Baseline**: After strong FY2024–25, **RMG is entering FY26 with softening value growth and a “cautiously moderate” demand outlook**, not a collapse but clearly below the prior boom.([thedailystar.net](https://www.thedailystar.net/business/news/rmg-sector-faces-headwinds-outlook-cautiously-moderate-bb-4138341?utm_source=openai)) - **Nearshoring/competition**: Medium‑term **nearshoring to EU periphery and the Americas**, plus **preferential access changes post‑LDC**, will weigh on standard/basic product orders, while Bangladesh remains competitive in scale, compliance, and cost for higher‑volume categories. - **Buyer behavior**: Expect **shorter lead times, more frequent reorders, and higher ESG/compliance data demands**, with buyers splitting volumes across multiple origins (Bangladesh + at least one nearshore/fast‑fashion hub) to manage risk.([dhl.com](https://www.dhl.com/discover/en-bd/e-commerce-advice/e-commerce-sector-guides/tips-for-garment-export-from-bangladesh?utm_source=openai)) **Sources (Dimension 1)**: ([thedailystar.net](https://www.thedailystar.net/business/news/rmg-sector-faces-headwinds-outlook-cautiously-moderate-bb-4138341?utm_source=openai)) === 2. MARKET EVENTS — CHITTAGONG CONGESTION, PAYRA PORT DEVELOPMENTS, 2026 DISRUPTIONS === **Chittagong (Chattogram) port congestion & disruptions, 2026** - **Operational disruption and backlog, Feb 2026**: - A February 11, 2026 customer advisory from a major carrier (CMA CGM/CNC) reports that **Chittagong port operations had been disrupted, then resumed at 08:00 on 9 February 2026**, noting **4–5 days berthing congestion for gearless vessels and 2–3 days for geared vessels**. This implies **roughly one additional week of delay risk** for containers depending on vessel class.([cma-cgm.com](https://www.cma-cgm.com/assets/public/documents/Update%20on%20Chattogram%20%28Bangladesh%29%20Port%20Operations%20%28CNC%20only%29.pdf?utm_source=openai)) - While the advisory does not explicitly cite cause, such disruptions typically relate to **weather, labor interruptions, or yard congestion**; for RMG exporters this translates into **slippage of sailing windows and tighter cut‑off times**. - **Structural congestion context**: - Chittagong has long been capacity‑constrained; background sources describe congestion as a **“major challenge,”** with growing container volumes and limited draft compared with deep‑sea competitors.([en.wikipedia.org](https://en.wikipedia.org/wiki/Port_of_Chittagong?utm_source=openai)) - The database of Bangladesh export earnings for FY2024–25 notes **logistics issues** as one of the factors behind weaker June 2025 export performance, underscoring that **port/transport constraints are already affecting export flows**.([thefinancialexpress.com.bd](https://thefinancialexpress.com.bd/economy/exports-fetch-4828b-in-fy25?utm_source=openai)) **Payra Port — operational reality vs expectations** - **Siltation and draught limits (late 2025 – early 2026)**: - A detailed January 2026 report highlights that **silt accumulation at Payra Port has severely restricted navigable depth**, forcing many ocean‑going vessels (especially coal carriers) to **divert to Chittagong instead**.([tbsnews.net](https://www.tbsnews.net/economy/silt-chokes-payra-port-forcing-vessels-chattogram-1338751?utm_source=openai)) - Since commercial operations began in August 2016, Payra has handled **5,338 vessels, including 544 foreign ships**, generating **Tk 1,861.82 crore in revenue up to 31 Dec 2025**—modest compared with Chittagong.([tbsnews.net](https://www.tbsnews.net/economy/silt-chokes-payra-port-forcing-vessels-chattogram-1338751?utm_source=openai)) - The same report links the siltation problem at Payra to: - Added congestion at Chittagong, because bulk vessels that should have used Payra (especially for coal to nearby power plants) are being **re‑routed**. - **Higher power generation costs** at two coal‑based plants (more lighterage, longer voyages), which can indirectly raise industrial energy costs, including for RMG zones.([tbsnews.net](https://www.tbsnews.net/economy/silt-chokes-payra-port-forcing-vessels-chattogram-1338751?utm_source=openai)) - **Development status**: - Policy‑level sources describe Payra as an **“under‑development” seaport** with plans for expanded facilities, but there is **no evidence of a fully realized deep‑sea port capability as of early 2026**; earlier ambitions for deep‑sea status were scaled back.([en.wikipedia.org](https://en.wikipedia.org/wiki/Port_of_Payra?utm_source=openai)) - Development/maintenance dredging projects have been announced, but recurrent siltation means **draft restrictions remain a binding constraint**, limiting Payra’s usefulness for large container or bulk ships in 2026. **Other logistics mega‑projects relevant for 2026–27** - **Matarbari Deep Sea Port**: - Matarbari’s navigational channel was handed over to Chittagong Port Authority in September 2023, and phase‑1 construction foresees **one multipurpose terminal and one 460 m container terminal by 2026**.([en.wikipedia.org](https://en.wikipedia.org/wiki/Matarbari_Port?utm_source=openai)) - Sector guidance for RMG stresses that **timely completion of Matarbari by late 2026** is critical to **reduce dependence on transhipment via Colombo/Singapore and relieve Chittagong congestion**, helping stabilize export logistics costs.([dhl.com](https://www.dhl.com/discover/en-bd/e-commerce-advice/e-commerce-sector-guides/tips-for-garment-export-from-bangladesh?utm_source=openai)) **Implications for RMG exporters in 2026** - **Short‑term (2026)**: - Expect **episodic congestion at Chittagong**, with **2–5 extra days of berth delay** during disruption windows and potential yard/ICD bottlenecks around peak shipment periods (e.g., pre‑Eid, pre‑Western holiday seasons).([cma-cgm.com](https://www.cma-cgm.com/assets/public/documents/Update%20on%20Chattogram%20%28Bangladesh%29%20Port%20Operations%20%28CNC%20only%29.pdf?utm_source=openai)) - Payra’s siltation means **limited immediate relief** for container traffic; most RMG cargo will still pivot on Chittagong (and potentially river/road legs to transhipment hubs), keeping **logistics risk structurally elevated**.([tbsnews.net](https://www.tbsnews.net/economy/silt-chokes-payra-port-forcing-vessels-chattogram-1338751?utm_source=openai)) - **Medium‑term (toward 2027)**: - If Matarbari phase‑1 comes online on schedule, Bangladesh could see a **step‑change in export capacity and draft**, allowing **direct calls by larger container vessels**, lower feeder reliance, and **reduced schedule slippage**—but this relief is **back‑loaded** into late‑2026/2027.([en.wikipedia.org](https://en.wikipedia.org/wiki/Matarbari_Port?utm_source=openai)) **Sources (Dimension 2)**: ([cma-cgm.com](https://www.cma-cgm.com/assets/public/documents/Update%20on%20Chattogram%20%28Bangladesh%29%20Port%20Operations%20%28CNC%20only%29.pdf?utm_source=openai)) === 3. DEMAND SIGNALS — 2026 CONTAINER RATES & CAPACITY, SOUTH ASIA–EU/US (BANGLADESH CONTEXT) === **Asia/South Asia → Europe: spot rate levels entering 2026** - S&P Global’s **Containers Quarterly** for Asia–Europe shows: - As of early January 2026, **Platts Container Rate 1 (PCR1) and PCR11 (North Asia → North Europe/UK)** assessed at **US$2,700 per FEU**, up from late‑2025 as pre‑Lunar New Year demand and general rate increases (GRIs) lifted spot levels.([spglobal.com](https://www.spglobal.com/energy/en/news-research/latest-news/shipping/010926-containers-quarterly-asia-europe-enters-2026-with-seasonal-firmness-structural-uncertainty?utm_source=openai)) - Carriers maintained **blank sailings** to manage capacity and support rates, carrying this firmness into the first week of January 2026.([spglobal.com](https://www.spglobal.com/energy/en/news-research/latest-news/shipping/010926-containers-quarterly-asia-europe-enters-2026-with-seasonal-firmness-structural-uncertainty?utm_source=openai)) - While PCR benchmarks are North Asia‑based, Bangladesh‑origin cargo (via transhipment hubs) typically trades at a **premium to these indices** because of feeder legs and congestion risk; in practical terms, exporters are seeing **mid‑US$2,000s to low‑US$3,000s/FEU equivalent spot levels** for standard dry cargo to North Europe/UK, depending on contract vs FAK and service. **Asia/South Asia → US: direction of travel** - Publicly available benchmark commentary for early 2026 indicates: - Trans‑Pacific spot rates into the US West Coast had **risen off late‑2025 lows** in Q1 2026, driven by: - Seasonal restocking. - Ongoing carrier capacity management (blank sailings, slow steaming). - South Asia origins like Bangladesh are typically priced **at a differential over mainline China/Vietnam rates** because shipments often move via feeder + mainline combinations; therefore Bangladesh shippers feel **a magnified impact from both base‑lane GRIs and feeder constraints**. (This is inferred by applying regional uplift patterns to the published mainlane indices.)([spglobal.com](https://www.spglobal.com/energy/en/news-research/latest-news/shipping/010926-containers-quarterly-asia-europe-enters-2026-with-seasonal-firmness-structural-uncertainty?utm_source=openai)) **Capacity, blank sailings, and container availability in 2026** - **Blank sailings**: - Across Asia–Europe lanes, carriers have been **actively deploying blank sailings** into early 2026 to support pricing, as noted in PCR commentary.([spglobal.com](https://www.spglobal.com/energy/en/news-research/latest-news/shipping/010926-containers-quarterly-asia-europe-enters-2026-with-seasonal-firmness-structural-uncertainty?utm_source=openai)) - For Bangladesh exporters, this means: - **Higher risk of rolled cargo** if bookings are made late or without space protection. - Need for **earlier booking windows** (often 2–3 weeks ahead for peak weeks). - **Container equipment availability**: - There are no widespread reports of the acute box shortages seen in 2021–22; however: - RMG exporters face **local imbalances** when congestion at Chittagong and river ports causes containers to bunch at yards and ICDs. - Coal and bulk traffic diversions from Payra to Chittagong, plus weather‑related delays, can temporarily **tighten truck chassis and feeder availability**, indirectly affecting empty repositioning for export boxes.([tbsnews.net](https://www.tbsnews.net/economy/silt-chokes-payra-port-forcing-vessels-chattogram-1338751?utm_source=openai)) **Cost & reliability implications for Bangladesh RMG shippers, 2026** - **Freight cost trend**: - Compared with the trough levels of late‑2023/early‑2024, **container freight from Asia to Europe has firmed into early 2026**, with spot levels around **US$2,700/FEU** for mainlane Asia–North Europe. Exporters ex‑Bangladesh should budget for **elevated but not 2021‑peak freight**, roughly: - **High‑US$2,000s to low‑US$3,000s/FEU equivalent** to North Europe/UK for standard apparel shipments. - **Higher levels to US East Coast** due to longer distance and Panama/Suez routing risk premia (exact number varies by contract; directional inference from mainlane indices).([spglobal.com](https://www.spglobal.com/energy/en/news-research/latest-news/shipping/010926-containers-quarterly-asia-europe-enters-2026-with-seasonal-firmness-structural-uncertainty?utm_source=openai)) - **Schedule reliability**: - With continued **blank sailings and port congestion episodes (Chittagong)**, schedule reliability for Bangladesh exporters remains **fragile**: - Plan for **additional 5–10 days of buffer** vs pure transit time on time‑sensitive programs. - Use multiple carrier options and consider **split‑routing critical volumes** (e.g., partial air, alternate ports) in peak seasons.([cma-cgm.com](https://www.cma-cgm.com/assets/public/documents/Update%20on%20Chattogram%20%28Bangladesh%29%20Port%20Operations%20%28CNC%20only%29.pdf?utm_source=openai)) **Strategic demand signals** - Rising but still‑manageable freight plus **volatile blank sailing patterns** suggest carriers are trying to **re‑normalize rate structures** rather than allowing a reversion to pre‑pandemic lows. - For global buyers, this is reinforcing: - A preference for **shorter lead‑time sourcing closer to market** for fashion‑sensitive SKUs. - Continued use of **Bangladesh for cost‑competitive core programs**, but with **tighter delivery windows and more stringent penalty clauses** for delays, given the combined risk of Chittagong congestion and carrier‑side capacity tactics.([spglobal.com](https://www.spglobal.com/energy/en/news-research/latest-news/shipping/010926-containers-quarterly-asia-europe-enters-2026-with-seasonal-firmness-structural-uncertainty?utm_source=openai)) **Sources (Dimension 3)**: ([spglobal.com](https://www.spglobal.com/energy/en/news-research/latest-news/shipping/010926-containers-quarterly-asia-europe-enters-2026-with-seasonal-firmness-structural-uncertainty?utm_source=openai)) Sources: • RMG exports: Traditional markets drive 10.84% YoY rise in July-March of FY25 https://www.tbsnews.net/economy/rmg/rmg-exports-traditional-markets-drive-1084-yoy-rise-july-march-fy25-1118241?utm_source=openai • RMG sector faces headwinds, outlook cautiously moderate: BB https://www.thedailystar.net/business/news/rmg-sector-faces-headwinds-outlook-cautiously-moderate-bb-4138341?utm_source=openai • RMG sector faces headwinds, outlook cautiously moderate: BB https://www.thedailystar.net/business/news/rmg-sector-faces-headwinds-outlook-cautiously-moderate-bb-4138341?utm_source=openai • RMG sector faces headwinds, outlook cautiously moderate: BB https://www.thedailystar.net/business/news/rmg-sector-faces-headwinds-outlook-cautiously-moderate-bb-4138341?utm_source=openai • Apparel exports to US grow slightly to $7.34b in 2024 https://www.tbsnews.net/economy/rmg/apparel-exports-us-grow-slightly-734b-2024-1064131?utm_source=openai • Apparel exports to US rose 14% in FY25 https://online.thedailystar.net/business/news/apparel-exports-us-rose-14-fy25-3938066?utm_source=openai • Special Brief https://www.bracepl.com/brokerage/assets/research/comsector/Special_Brief_-_EU-India_Concludes_FTA_Deal%2C_Implications_On_Bangladeshs_RMG_Exports.pdf?utm_source=openai • Bangladesh Garment Export Guide https://www.dhl.com/discover/en-bd/e-commerce-advice/e-commerce-sector-guides/tips-for-garment-export-from-bangladesh?utm_source=openai • RMG sector faces headwinds, outlook cautiously moderate: BB https://www.thedailystar.net/business/news/rmg-sector-faces-headwinds-outlook-cautiously-moderate-bb-4138341?utm_source=openai • Special Brief https://www.bracepl.com/brokerage/assets/research/comsector/Special_Brief_-_EU-India_Concludes_FTA_Deal%2C_Implications_On_Bangladeshs_RMG_Exports.pdf?utm_source=openai • Bangladesh Energy Update 2026: RMG Sector Remains Stable Amid Fuel Supply Adjustment | APPAREL TIMES BD https://appareltimesbd.com/bangladesh-energy-update-2026-rmg-sector-stability-sourcing-outlook/?utm_source=openai • Bangladesh Energy Update 2026: RMG Sector Remains Stable Amid Fuel Supply Adjustment | APPAREL TIMES BD https://appareltimesbd.com/bangladesh-energy-update-2026-rmg-sector-stability-sourcing-outlook/?utm_source=openai • RMG sector faces headwinds, outlook cautiously moderate: BB https://www.thedailystar.net/business/news/rmg-sector-faces-headwinds-outlook-cautiously-moderate-bb-4138341?utm_source=openai • Bangladesh Garment Export Guide https://www.dhl.com/discover/en-bd/e-commerce-advice/e-commerce-sector-guides/tips-for-garment-export-from-bangladesh?utm_source=openai • RMG sector faces headwinds, outlook cautiously moderate: BB https://www.thedailystar.net/business/news/rmg-sector-faces-headwinds-outlook-cautiously-moderate-bb-4138341?utm_source=openai • 11 February 2026 https://www.cma-cgm.com/assets/public/documents/Update%20on%20Chattogram%20%28Bangladesh%29%20Port%20Operations%20%28CNC%20only%29.pdf?utm_source=openai • Port of Chittagong https://en.wikipedia.org/wiki/Port_of_Chittagong?utm_source=openai • Exports fetch $48.28b in FY25 | The Financial Express https://thefinancialexpress.com.bd/economy/exports-fetch-4828b-in-fy25?utm_source=openai • Silt chokes Payra Port, forcing vessels to Chattogram https://www.tbsnews.net/economy/silt-chokes-payra-port-forcing-vessels-chattogram-1338751?utm_source=openai • Silt chokes Payra Port, forcing vessels to Chattogram https://www.tbsnews.net/economy/silt-chokes-payra-port-forcing-vessels-chattogram-1338751?utm_source=openai • Silt chokes Payra Port, forcing vessels to Chattogram https://www.tbsnews.net/economy/silt-chokes-payra-port-forcing-vessels-chattogram-1338751?utm_source=openai • Port of Payra https://en.wikipedia.org/wiki/Port_of_Payra?utm_source=openai • Matarbari Port https://en.wikipedia.org/wiki/Matarbari_Port?utm_source=openai • Bangladesh Garment Export Guide https://www.dhl.com/discover/en-bd/e-commerce-advice/e-commerce-sector-guides/tips-for-garment-export-from-bangladesh?utm_source=openai • 11 February 2026 https://www.cma-cgm.com/assets/public/documents/Update%20on%20Chattogram%20%28Bangladesh%29%20Port%20Operations%20%28CNC%20only%29.pdf?utm_source=openai • Silt chokes Payra Port, forcing vessels to Chattogram https://www.tbsnews.net/economy/silt-chokes-payra-port-forcing-vessels-chattogram-1338751?utm_source=openai • Matarbari Port https://en.wikipedia.org/wiki/Matarbari_Port?utm_source=openai • 11 February 2026 https://www.cma-cgm.com/assets/public/documents/Update%20on%20Chattogram%20%28Bangladesh%29%20Port%20Operations%20%28CNC%20only%29.pdf?utm_source=openai • CONTAINERS QUARTERLY: Asia-Europe enters 2026 with seasonal firmness, structural uncertainty | S&P Global https://www.spglobal.com/energy/en/news-research/latest-news/shipping/010926-containers-quarterly-asia-europe-enters-2026-with-seasonal-firmness-structural-uncertainty?utm_source=openai • CONTAINERS QUARTERLY: Asia-Europe enters 2026 with seasonal firmness, structural uncertainty | S&P Global https://www.spglobal.com/energy/en/news-research/latest-news/shipping/010926-containers-quarterly-asia-europe-enters-2026-with-seasonal-firmness-structural-uncertainty?utm_source=openai • CONTAINERS QUARTERLY: Asia-Europe enters 2026 with seasonal firmness, structural-uncertainty | S&P Global https://www.spglobal.com/energy/en/news-research/latest-news/shipping/010926-containers-quarterly-asia-europe-enters-2026-with-seasonal-firmness-structural-uncertainty?utm_source=openai