8 November 2022
Freight News

Carriers Consider Laying Up Box Ships as Blanking Fails to Prop Up Rates

The idled containership fleet has breached the 1m TEU capacity milestone – and is set to jump significantly higher as carriers prepare to temporarily suspend services rather than blank sailings.

According to Alphaliner, as of October 24 , the number of inactive containerships either in drydock or seeking employment had reached 284, for a capacity of 1.2m TEU, representing 4.6% of the global cellular fleet.

Read more in an article from The Loadstar.

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