Highest number of boxships idle in history

Database and information services provider Alphaliner, France, has reported that the number of containerships remaining idle has jumped 8.8 percent to 392 ships, totalling 1.1 million TEU.

These figures are the highest recorded in history and are even higher than figures from 1986 when a whole fleet of US Lines was withdrawn due to bankruptcy. At the time, US Lines owned the world’s largest containerships. Alphaliner said that after the Chinese Lunar New Year (January 26), there was no rebound in Chinese exports, as previously expected.

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