Container ship contracting boom

Shipyards have delivered a record 410 container ships in 2024, with orders more than doubling from last year despite fleet growth.

BIMCO has approved the AUTOSHIPMAN agreement, which creates a standard framework for managing remotely controlled and autonomous ships.

Prices for international shipping containers are falling. Spot rates are down almost a half in the third quarter and 10% in the last week of September.

Shipping companies, cargo owners, NGOs and industry bodies call for a level playing field and practical solutions from the IMO’s mid-term GHG reduction measures.

BIMCO: Record deliveries of 264 new ships in the first half of 2024 have driven the container ship fleet growth to its fastest rate in 15 years.

BIMCO now predicts that normal shipping routes through the Red Sea and Suez Canal will not resume until 2025.