Container shipping market: ongoing fleet expansion darkens outlook

Fleet expansion remains a concern once ships can return to normal routings. BIMCO estimates that fleet growth will increase supply in 2026 by 46% compared to 2019 before the contracting boom began. Cargo volumes are forecast to increase ship demand by 22% between 2019 and 2026. Despite the fastest growth in supply and the fleet since 2010, the supply/demand balance […]