Idle fleet back to more than 1 million TEUs

The idle container ship fleet is back to more than 1 million 20-foot-equivalent units after a brief dip in July, with rising unemployment impacting all vessel sizes, Alphaliner said. There were 296 unemployed ships of more than 500 TEUs with a total capacity of 1.02 million TEUs, equivalent to 5 percent of the total fleet, on August 8, compared with 261 ships of 906,000 TEUs two weeks earlier, according to the industry analyst’s latest survey.
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