If tonnage is being idled or recycled to bring balance to the market, one may see a much faster recovery and more sustainable box rates, BIMCO suggested in its latest analysis on the container shipping business. It added that at the end of November, 274 ships of 768,000 TEU were recorded as idle by Alphaliner. At the same time last year, the number of idle ships was 180. But it was about this time...
If tonnage is being idled or recycled to bring balance to the market, one may see a much faster recovery and more sustainable box rates, BIMCO suggested in its latest analysis on the container shipping business. It added that at the end of November, 274 ships of 768,000 TEU were recorded as idle by Alphaliner. At the same time last year, the number of idle ships was 180. But it was about this time...
