Are Carriers Ordering the Wrong Ships?

The orderbook is huge. Some ships are still almost impossible to find.

Container shipping has ordered a record amount of capacity.

That should make ships easier to find.

But the charter market says otherwise.

Some vessel sizes remain extremely scarce.

Ships are being fixed years before they become available.

And much of the existing smaller fleet is getting old.

That matters because one TEU of capacity cannot always replace another.

So is shipping building the fleet it will actually need?

Here are 5️⃣ signals behind the mismatch:

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1️⃣ The orderbook is much heavier at the top