According to the analyst Alphaliner this month will see a record delivery of ULCC between 19.000 and 21.000 TEU capacity. And this pattern is set to continue during the year 2018. The coming month will also add more capacity to the market. The alliances 2M, THE alliance and Ocean are about to upgrade their services.
Also, the current year has started with strong cargo demand, the time after Lunar New Year will proof how the rates will develop.
Read more at Lloydsloadinglist.