Globally, as container sizes gradually standardised and the rate of containerisation increased by leaps and bounds, the demand for dedicated container vessels increased exponentially, and Carriers started ordering more of these vessel types.
Today, over 80% of the cargo traded internationally is carried by sea, with over 60% of this being transported in containers.
From amongst the composition of the global commercial fleet, the share of container ships increased from 4,966 in 2011 to 5,534 in 2021, with a nominal capacity of approximately 25 million TEUs.
It is expected that in 2023, 340 container ships will be delivered globally.
Almost half of these ships, 165 vessels will be between 1,000 and 2,999 TEUs.
In 2024, 335 container vessels are projected to be delivered worldwide; most of them 120 ships will have a size between 3,000 and 11,999 TEUs.
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