THE idle container ship fleet has contracted again as the crises in the Red Sea and Panama Canal suck capacity into service diversions and distort the market, as newbuildings arrive to alleviate tonnage crunch. Alphaliner’s latest weekly report on the shipping market says that the idled fleet is now at its lowest level for more than 22 months at just 84 ships of which one is larger than 12,500 TEU and none are greater than 18,000 TEU. The number of vessels that are in repair yards has also...
https://www.seanews.com.tr/container-shipping-market-distorted-by-red-sea-crisis/199700/