suez-canal-authority

Box Fleet Growth to Outpace Demand, BIMCO

Container shipping is heading toward renewed supply pressure in 2027 as accelerating vessel deliveries outpace demand growth, with a return to normal Suez Canal routings potentially adding substantially more effective capacity, according to BIMCO. The container ship order book has climbed above 14 million TEU, equal to 42 percent of the existing fleet, while global fleet capacity recently reached 34 million TEU. BIMCO expects capacity to reach 37.7 million TEU by ... [+]