- Container ship leasing rates are at decade highs and rising as current demand for worldwide containerized trade far outstrips ship capacity.
- Restrained ship ordering from years of trade tension uncertainty and Covid have left us with a grossly insufficient new ship orderbook to meet even modest trade growth in 2021/2022.
- Shipbuilding capacity for new Megamax ships is insufficient to meet growing demand and replace ships reaching obsolescence.
- Structural supply shortage of shipbuilding capacity and large containerships will lead to a long period of high rates and asset price appreciation.
For further details see:
Welcome To The New Container Shipping Supercycle