Alphaliner: New mega ship orders trigger chronic overcapacity

In two months, the total global orderbook for container ships has grown by an additional 600,000 teu, reaching its highest level in 14 months.
BY OLE ANDERSEN

In just two months, a series of new orders for major container ships, Ultra Large Container Carriers (ULCCs) has expanded the total global orderbook for container ships by an additional 600,000 teu in the 3rd quarter 2013 alone, thus reaching the highest level in 14 months.

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