TPM: Weak Asia-Europe rates don't mean it's a weak market
The recent spot rate weakness on the main east-west container should not be mistaken for ...
As global demand for box ship capacity continues to dramatically outstrip supply, the number of idled vessels is down to numbers not seen since the pandemic.
According to new Alphaliner data, in the first half of the year, commercially idle tonnage represented an average of 0.7% of the container shipping fleet, “harking back to levels seen during the pandemic”, it reported.
It averaged around 210,000 teu, out of the 29.6m teu global cellular fleet, matching numbers recorded in the first half ...
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