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The Loadstar – ‘Exceptional Growth’ in Container Fleet

May 25, 2022

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According to Danny den Boer, director of global sales and trading at SeaCube Containers, the world container fleet grew by 15% last year to 51.4m teu, compared with pre-Covid average annual growth of 5%.

“It’s exceptional, caused by the severe disruptions in global supply chains,” Mr den Boer said on a webinar hosted by Container xChange.

“But it was also because people shifted to spending on goods instead of services, which is also why we have seen a record number of newly produced dry units in the market.”

Furthermore, he explained, only 400,000 teu entered the resale market last year, compared with 1.6m teu in 2019, because of the strong demand experienced by shipping lines.