![]() ![]() This clearly shows that there is a boom in the market for new vessels. As per an estimate by VesselsValue, in 2021 the container shipping industry placed an order of 561 container ships. Additionally, several ULCS (ultra large container ships) with a capacity of 24,000 TEUs are also under construction. CMA -CGM will also acquire 6 vessels of 15,000 TEU by 2025. OOCL will also get deliveries of 10 new ships with a similar capacity. Evergreen has ordered 20 ships with 15,000 TEU capacity that will be constructed by 2024-2025. The next few years will witness a vast increase in the number of container ships. Increase in the number of vessels and its implications on the container shipping industry Keep reading to get an idea about the future trends of vessels serving the container shipping industry. But will the trend of ultra large container ships continue in the coming years? It is interesting to note that this year the ship building industry is constructing around 900 container ships with a net capacity of 6.8 million TEU. ![]() The Ever Alot with its capacity of 24,000 TEU is the largest container ship to ply the oceans to date. Back in June 2022, Chinese shipbuilding firm Hudong Zhonghua Shipbuilding handed over the biggest container ship in the world- the Ever Alot to Evergreen. ![]()
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