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Supply

We have made a minor change to our fleet forecast, as ship recycling has got off to a slower than expected start in 2023. This has changed our fleet growth forecast to 7.3% and 8.0% for 2023 and 2024 respectively. We expect the fleet to end 2024 with 29.8 million TEU after a total of 4.9 million ... Please follow the link to continue reading.

Supply

We forecast that the fleet will have grown 9.6% YoY by the end of 2024 and another 5.5% YoY by the end of 2025. During the three year period from 2023 to 2025, the fleet will therefore expand by 25%, the fastest rate of growth since the three years from 2011 to 2013. The continuing diversion away f... Please follow the link to continue reading.