Supported by the Red Sea shipping crisis, disruptions to major Far East hubs, and strong demand in Europe and the United States, container spot freight rates have hit their highest level this year, and the capacity of large ships in the market is currently very tight!
According to One Shipping: As freight rates continue to rise to the next highest level except for the container shipping boom during the epidemic, following X-Press Feeders' order for four methanol container ships at Shanghai Waigaoqiao Shipyard, other shipowners are also returning to China to purchase more new ship capacity.
Shipping companies flocked to the shipyard to place orders for more than 300,000 TEUs
Hapag-Lloyd launches 60,000 TEU new ship in a single week
According to One Shipping: Recently, Hapag-Lloyd, the world's fifth largest shipping company, announced that it had achieved the largest capacity expansion in its history in just 7 days.
Hapag-Lloyd said it received three new ships in a week - Damietta Express, Singapore Express and Iquique Express, with a total capacity of more than 60,000 TEU.
