The three container shipping alliances are still short of 36 ships, or 10% of the required tonnage, to entirely fulfill their 25 Asia – Europe loops as of 10 May.
Despite record newbuilding deliveries this year, and 1.14 million TEUs delivered so far, the Red Sea crisis has soaked up all available tonnage.
Alphaliner’s report says, “Taking into account that the average vessel size on this trade currently stands at 14,150 TEUs, some 509,400 extra slots are still needed. This represents 9.6% of the...