Race for market share among liners fattens box ship orderbooks

The race for market share among shipping lines has pushed the containership orderbook-to-fleet ratio to a new high, of almost 42%. Market leader MSC continues to widen the capacity gulf with its peers, enhancing its bulging orderbook last week with ten 21,850 teu ships ordered from Hengli Heavy Industry Group and five 21,750 teu vessels from Zhoushan Changhong International Shipyard, all for deliv Read full article →