Pr News Service Comport News

It is impossible to view the global container shipping business without looking at it through the prism of vessel capacity being added to the market. What happens over the next two years will be a direct result of the glut of newbuildings that are flooding into service and wrecking freight rates. Just consider these numbers. During the first four months of 2013, Alphaliner puts the new containership deliveries at 496,000 TEUs. According to data supplied by PR News Service ComPort, almost 250,000 TEUs of that will be comprised of vessels with a nominal capacity of 10,000 TEUs and up.