Why Are Top Carriers Choosing to Own More Ships?
8 of top 10 now own most of their fleets. The next downturn will test that choice.
At the start of the pandemic, chartering gave carriers flexibility.
They could add or remove ships without owning them.
Today, the model has reversed.
The top 10 now own 62% of their combined capacity.
Eight own more than half of the fleets they operate.
But their strategies remain very different.
ONE owns 47%.
ZIM owns only 13%.
So why is ownership winning now?
And what happens when the market turns?
Here are the 5️⃣ signals that matter.