“Unfortunately, the impact of a tremendous demand increase has been crippled through companies deploying too much tonnage into the exchange lanes,” BIMCO stated.
Through Q2, the worldwide field transport fleet now exceeds 20 million TEUs, and has grown by means of 1.Five percentage this year, consistent with both analysis firms’ contemporary reviews. A general of 598,000 TEUs of ability (85 new ships) had been introduced, while most effective 303,000 TEUs were withdrawn for scrapping.
BIMCO also talked about that most of the greater than 1 million TEUs of idle deliver ability is among smaller Panamax-elegance vessels, that have been rendered nearly obsolete by using enhancements at the Panama Canal and many ports to accommodate ships up to 13,000 TEU capability.
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