Some 30 ships with an average capacity of 11,700 teu will be replaced by larger newbuild tonnage on the Asia-Europe and transpacific tradelanes this year, according to ClipperMaritime’s cascade model update.
Ocean carrier vessel planners will be tasked with finding new employment for these larger containerships, which could prove difficult due to port restrictions and frequency requirements on many smaller trades.
Moreover, carriers are well aware that freight rate levels can be destroyed overnight …

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Source: The Loadstar