Global container fleet breaches 23m teu as new ULCVs hit the water – and market softens

A wave of ULCV deliveries this year has pushed the total containership fleet capacity over the 23m teu mark, with the last million slots added in a breath–taking 14 months, according to an Alphaliner report. 
However, the newbuilds, mostly consisting of ULCVs, have arrived at a time of softening demand growth across the major tradelanes of the world, which is already forcing carriers to blank a significant amount of headhaul voyages. 
In fact on Monday the 2M partners, Maersk and MSC advised that the “temporary suspension” of their AE2 …

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Source: The Loadstar

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