2 July 2024
Freight News

Idle Containership Fleet Dips to Pandemic-Era Lows as Carriers Hunt Tonnage

As global demand for box ship capacity continues to dramatically outstrip supply, the number of idled vessels is down to numbers not seen since the pandemic.

According to new Alphaliner data, in the first half of the year, commercially idle tonnage represented an average of 0.7% of the container shipping fleet, “harking back to levels seen during the pandemic,” it reported.

Stanley Smulders, director of marketing and commercial for ONE, said“If you look at all the statistics, there are no ships idle. All the shipping lines are in need of ships at the moment.”

Read more in an article from The Loadstar.

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