News / Yet another 'challenging' year for box carriers balancing demand and capacity

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2020 will prove another challenging year for ocean carriers in terms of capacity management, according to Drewry.

Although the consultant claimed the industry would be able to cope.

Drewry calculates that 1.2m teu of capacity will be added to the fleet this year, of which almost half comprises 23 20,000-plus teu ULCVs for HMM, CMA CGM and MSC.

According to Alphaliner data, the containership fleet grew by 4% in 2019, to 23.2m teu of capacity (5,337 ships), resulting from 1.06m teu of newbuild deliveries ...