The idle container ship fleet has retreated from a recent record high on accelerated scrapping of older tonnage and revived chartering of smaller ships, Alphaliner says.
As of Nov. 14, there were 363 unemployed ships of more than 500 twenty-foot-equivalent units with an aggregate capacity of 1.49 million TEUs, equivalent to 7.4 percent of the global fleet, according to the industry analyst.
This compares with a high of 397 vessels of 1.59 million TEUs, an unemployment rate of 7.8 percent, two weeks earlier.
