Global Container Fleet Growth Set to Continue by Going Large — Panjiva
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Global Container Fleet Growth Set to Continue by Going Large

Logistics 476 Mode - Containerized 1524 Mode - Seaborne 1845

Shipping association BIMCO issued a report on Friday expecting the global container fleet to increase 3.6% to 20.38m TEUs by the end of 2016. The growth will come from the >3,000 TEU fleet as the industry pushes towards higher efficiency and older vessels are retired. Container rates have fallen 26% in 1Q16 vs. a year

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