A total of 471 containerships for 2.94m teu have been delivered in 2024, setting a new annual delivery record. Only 67 ships for 93,475 teu were deleted so far this year, for a net supply growth rate of 10.1% for the full year. Supply growth will be a lot more muted in the next 2 years at 5.5% and 3.7% respectively for 2025 and 2026 with the pace of new ship deliveries slowing down sharply.