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Global Container Order Book Tops 11.8M TEUs

The global container ship order book has climbed to a record 11.8 million twenty-foot equivalent units despite falling freight rates and rising trade tensions, according to shipping association BIMCO. The order book now totals more than 1,350 vessels, said Niels Rasmussen, reflecting continued fleet expansion by container shipowners even as market conditions soften. Global container freight rates fell an estimated 13 percent in 2025 compared with the previous year while increases in ... [+]

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