Urethane Blog

Container Vessel Capacity Surges

February 22, 2024

Delivery of containership capacity hits record levels
Global container capacity is set to expand by 10% this year over 2023 despite expectations that vessel recycling will hit records levels. The amount of capacity delivered last year is staggering — some 2.2 million TEUs of vessel capacity came out of shipyards in 2023. Another 1.6 million TEUs of capacity are on the way. Other key metrics from orderbooks, along with additional global shipping charts, are on Gateway.  

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