Why new container ship orders are breaking records amid waning demand

Carriers continue to order ships, but where will the demand come from?

CMA CGM accounted for around one-third of container ship newbuilding orders this year. Pictured, the 23,000-teu CMA CGM Jacques Saade (built 2020) in the UK port of Southampton.
CMA CGM accounted for around one-third of container ship newbuilding orders this year. Pictured, the 23,000-teu CMA CGM Jacques Saade (built 2020) in the UK port of Southampton.Photo: Ian Lewis
Published 17 October 2023, 13:04Updated 17 October 2023, 13:04
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