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Looking at the surge in new building contracting bylines and tonnage providers over the last eight months Drewry commented: “Drewry maintains the view that high levels of new build contracting for 2023 pose a risk of overcapacity returning to the market during that year, but future supply requirements are heavily clouded by new environment regulations due to become law at the start of 2023, that may or may not see significant chunks of the containership fleet slowdown to comply.” To enable commenting and other interactive features, please switch to the more advanced.
Drewry noted that spot rates had been driven to new highs in the second quarter of the year with spot rates following as global supply chain disruptions worsened.
Meanwhile, on the supply side with relatively low new building orders in past years, the fleet is forecast to grow by 4.4 per cent this year and just 2.8 per cent in 2022, significantly below demand growth projections..
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