News / More ships and more containers needed for 'feverish' box shipping sector

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Supply in container shipping has become “febrile and extreme”, according to analysts at Transport Intelligence (Ti), as the sector lurches between a surge in the requirement for capacity and a large increase in the supply of new vessels.

Stanley Smulders, director of marketing and commercial for ocean carrier ONE, told The Loadstar on the sidelines of the Multimodal Exhibition in Birmingham that the Red Sea crisis had upset the balance of supply and demand in ocean shipping.

“In our industry, the market ...