News / Newbuild ULCV armada will bring challenges for carriers

OOCL Spain. Credit OOCL

22/02/2023

The timing couldn’t be worse: with consumer demand lethargic and inventory stocks stubbornly high, ocean carriers are preparing to receive an armada of newbuild ultra-large container vessels (ULCVs) in the coming weeks.

Due to weak demand on the main east-west tradelanes expected to last through to ...

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