Boxship capacity deficiency to prevail until 2023
While the global orderbook for new containerships stands at about 25% of the existing fleet in service, the majority of this capacity will not come into service until 2023 and thereafter
The projected containership fleet growth of about 4% this year will not be enough to offset global supply chain issues, including port congestion and a lack of container equipment, despite the expectation of a downturn in global trade growth
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