Sky-high prices dampen container ship demand

The number of orders placed for new container ships is declining as vessel prices soar. 108 second-hand ships cost more in the year’s first five months than 189 vessels cost in the same period of 2021, according to VesselsValue.
Photo: PR / Hapag-Lloyd
Photo: PR / Hapag-Lloyd

While container ship prices are skyrocketing, demand for both new and second-hand vessels has fallen in the past five months, according to a report by analyst firm VesselsValue.

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