The global containership fleet has passed 28m teu last week, with total new ship
deliveries since the start of this year reaching 1.94m teu. More than 1 new ship
has been delivered each day since June this year, with the same pace to continue
through the next 12 months.
Carriers are facing a difficult time maintaining recent freight rate gains in
the face of the capacity influx, with vessel scrapping and idling remaining at
very low levels. The freight rates (SCFIS) were down between 80% and 9