Global container fleet grew 10.6% between Jun’23 & Jun’24. The huge capacity injection of 2.85 Mteu slots helped carriers deploy more ships in liner services between Asia/Indian Subcontinent and Europe.
That’s where more units are needed for COGH re-routings due to Red Sea crisis.
As a consequence, capacity increases on all other trades were below 10.6%, with Latin America as the only exception.
Total capacity of vessels deployed in deep sea and regional liner services to and from LatAm increased from 3.5 Mteu in Jun’23 to 4.1 Mteu (+17.4%).
Our chart clearly shows the far reaching impact of the Red Sea crisis on the deployment of the overall container fleet.
Carriers operating weekly services between Asia and Europe had to add between 25% and 30% more ships to their loops to keep them fully staffed.
Source: Alphaliner