Shortage of VLCCs

Liner operators are finding it increasingly hard to change or enhance services due to a lack of Very Large Container Ships.

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The huge cargo demand in China (requiring extra sailings) and port congestion have rendered smooth cascadings of vessels impossible.

The few blank sailings that have recently been announced are mostly the result of the non-availability of ships due to delays and the fact the charter market remains sold out.

Source: Alphaliner

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