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Container ship orderbook hits lowest level in 20 years

Looking at the orderbook for new container ships compared to the total active fleet, it has never been lower than right now, reveal data from Alphaliner. And for once, the corona crisis is not the reason.

Photo: CMA CGM - PR

For the first time in the 21st century, the global orderbook for container newbuilds sits at less than 10 percent of the total active fleet.

According to figures from Alphaliner, it only came to 9.4 percent in July.

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