The global container shipping industry is experiencing unprecedented levels of fleet utilization, with commercial idle capacity hitting a remarkable low of just 0.6% of the world’s 32.0 Mteu fleet, according to Alphaliner. This development comes amid a complex interplay of geopolitical tensions and supply chain disruptions affecting maritime trade.
According to Alphaliner’s latest survey from June 2, only 70 vessels, accounting for 185,157 TEU, remain commercially idle. This exceptionally low idle rate “confirms that the liner sector is ‘fully employed’ with idling only occurring for incidental operational reasons,” the analyst said.
Several factors are tightening capacity. Suspended U.S.-China tariffs have increased Transpacific shipping as companies rush to move goods before August’s potential tariff reinstatement. The Red Sea diversions and global port congestion further strain vessel availability, with estimates indicating that ships rerouting around Africa are reducing global shipping capacity by 8%.
Read more in an article from gCaptain.