September newbuild wave highlights container shipping’s supply-side risk
- Boxship newbuilding activity accelerated sharply in September, with 73 vessels representing over 1m teu contracted
- Big carriers Maersk, CMA CGM and MSC had a significant share of activity joining tonnage providers with fresh orders
A potentially significant development is Offen Group’s prospective return to the market, which if confirmed would be the German shipowners’ first boxship newbuilding investment since 2007
