Transpac container service closures mount
As spot freight rates on the transpacific trade continue to weaken, the number of service ...
The number of laid-up containerships has fallen to a 30-month low, according to Alphaliner, which recorded just 146 ships of over 500teu idled as of May 19 – equating to capacity of 344,000teu,
This level represents just 1.9% of the world fleet, having shrunk by 56% from the peak of 774,000teu in February.
The idle fleet has partly been depleted by a rush to scrap vessels, which has accounted for over 250,000teu of deletions so far this year, said Alphaliner.
The analyst added ...
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