Mitsubishi HC to invest $1.35bn in containers on rising Mideast tensions

TOKYO — Mitsubishi HC Capital will invest about 200 billion yen ($1.35 billion) in container shipping this year through group company CAI International, the largest such purchase in 2024, Nikkei has learned.

Tensions in the Middle East have pushed container ships through the Red Sea and the Suez Canal, lengthening voyages and squeezing market demand for containers while global maritime trade volumes remain strong.

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