Oslo - Since the beginning of the year, the capacity of the container ship fleet has increased by 1.6m TEU. Compared to one year ago, the capacity has risen 11% to 29.5m TEU, the fastest fleet growth in 15 years,” says Niels Rasmussen, Chief Shipping Analyst at BIMCO.

During the first half of 2024, the delivery of new ships reached a new high. A total of 264 ships with a combined capacity of 1.6m TEU have been delivered from shipyards, two thirds more than during the first half of last year when the previous record . . .