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Final dash in 2020 drives order book for container ships above 10 percent

After years with limited growth, the global order book for new container ships is now growing again. A final dash in 2020 turned the last three months of the year into the quarter with the most orders in five years.

Photo: Christian Charisius/Reuters/Ritzau Scanpix

A final dash in 2020, with several liner majors placing orders for new ships, has sent the global order book above 10 percent, reports Alphaliner.

The order book has been negative in recent years, but orders for new ships from liner companies such as Hapag-Lloyd and MSC have turned things around. Altogether, the container lines now have orders placed for new ships totaling 2.4 million teu. The global fleet currently stands at 23.9 million teu.

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