Historic Low for Idle Box Ships: Impact on Charter Market

Despite over two million new container vessels joining the global fleet this year, the pool of open tonnage is at a record low, with only 67 vessels idle, mostly small-sized.
Peak season pressures, port congestion, and regional disruptions are increasing the demand for available vessels, straining the supply.
Carriers are chartering additional capacity and placing new orders, but the newbuilds won’t arrive until at least 2027. Despite this, the industry is optimistic about future profits.

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