Container ship orders hit 39% of fleet—will rates sink?

CLAVE 1 / 4Global containership orderbook reaches 13.1 million TEU, nearly 39% of the existing fleet.

CLAVE 2 / 4Orders for vessels 10,000 TEU and larger account for 55.2% of the orderbook.

CLAVE 3 / 4Fleet growth in 2026 projected at 4.2%, exceeding expected trade growth of 3–4%.

CLAVE 4 / 4Red Sea diversions have absorbed over 2 million TEU annually since 2023, masking capacity oversupply.

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