“Massive” Surplus of Midsize Container Ships Coming: Drewry

“Massive” Surplus of Midsize Container Ships Coming: Drewry

The opening of the enlarged Panama Canal in 2016 likely will trigger a “massive” surplus of 4,000- to 5,000-TEU container ships, many of which will have to be scrapped regardless of their age, according to Drewry Maritime Research.

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