Opinion: Carriers are preparing for looming overcapacity

Capacity on the container market will increase by 10 percent in 2023 and 2024, but carriers may already have come up with a way to – partly – deal with the high number of new ships.

by LARS JENSEN, analyst and founder of VESPUCCI MARITIME

The container shipping order book appears menacingly large as the market faces 10 percent capacity injection in both 2023 and 2024.

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Opinion: Carriers are preparing for looming overcapacity

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Opinion: Collapsed rates are only a partial truth of the new normal

Opinion: Geopolitical tensions could give state subsidies a bigger role to play

Opinion: Customers should take a close look at carriers' green services

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Front page now

Jan Rindbo warns against tunnel vision: "The honest answer is that none of us know what we'll be sailing on"

A simple reason could explain low dry bulk rates despite good demand

Dubai challenges Singapore as shipping's favorite city

Opinion: Europe's key ports have become better connected after Covid

Cosco to build production chain for green methanol

Russia’s diesel ban threatens to roil global markets – if it lasts

TotalEnergies chief exec: Unreasonable to ban Russian LNG before 2025

John Fredriksen has increased his wealth by NOK 81bn this year

Hapag-Lloyd rolls out Starlink internet to entire fleet

European Energy gets new partner for methanol plant

CMA CGM and Maersk will need help in new green lobbying alliance

Habben Jansen calls on energy majors to do more for the green transition

Further reading

Dubai challenges Singapore as shipping's favorite city

Jan Rindbo warns against tunnel vision: "The honest answer is that none of us know what we'll be sailing on"

Chief executive: Bolloré acquisition will transform Ceva's air cargo business

A simple reason could explain low dry bulk rates despite good demand

John Fredriksen has increased his wealth by NOK 81bn this year

Hapag-Lloyd rolls out Starlink internet to entire fleet

Jobs