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Not only do ocean carriers have too many ships, they also have too many containers to fill vessels that are being deployed.

In its latest Container Equipment Forecaster report, Drewry says it expects the global pool of shipping containers to contract, both this year and next.

Some 55 million teu of equipment services the fully cellular global fleet of some 6,000 ships, a total capacity of 28m teu, but thousands of surplus boxes lie stacked in empty-container depots, incurring storage charges on ...

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