London - As geopolitical turmoil in the Red Sea disrupts traditional shipping routes, the global container fleet has hit a record low in commercially idle capacity, according to data from Alphaliner.
With carriers scrambling to meet new demand driven by diversions, the average share of idle container tonnage in 2024 has plummeted to just 0.7%—a figure markedly lower than in previous years, even during the height of COVID-19 disruptions.
In the first ten months of 2024, carriers reported that 99.3% of the global cellular container fleet was commercially active, marking . . .
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