The total container ship capacity deployed on trades affected by the Red Sea crisis has increased by 1.26 million TEUs since October 2023, driven mainly by vessel diversions to the Cape of Good Hope, according to the latest Linerlytica report.
The Far East-Mediterranean recorded the largest jump of 610,000 TEUs, accounting for half of the increased capacity over the period, followed by the Far East-North Europe route at 260,000 TEUs.
“The increased demand for tonnage has fully absorbed all of the...
https://container-news.com/red-sea-crisis-spurs-surge-in-teu-capacity-newbuildings-fully-absorbed/