The year ahead for the container shipping market will be largely driven by how
carriers manage the capacity glut, with 2.56m teu of new ship capacity scheduled
for delivery in 2023 against projected deletions of just 0.25m teu with overall
fleet growth expected to at 8.8% compared to 4.1% in 2022. In addition, surplus
tonnage is coming back from capacity rationalization and the impact of port
de-congestion that would release much of the 10% of the fleet still tied down at
port anchorages current