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More Mega-Boxships Arriving on Major Tradelanes Puts Pressure on Charter Rates

(Mike Wackett – The Loadstar)

There were 27 newbuild containerships delivered in July – the highest monthly number since June 2013 and bringing the total so far this year to 126, according to Alphaliner’s latest data.

Moreover, seven were ultra-large boxships (ULCVs), each with a nominal capacity in excess of 13,000teu. Total capacity delivered last month was more than 200,000teu, the highest amount in a single month since April 2011.

The orderbook for ULCVs now stands at 95, equating to a capacity of 1,482,800 teu, which is more than double the current fleet of 81 13,000teu-plus ships. Read more here.