Box capacity rebounds

[intro] Global container shipping capacity is rebounding as ocean cargo carriers reactivate their idle container fleets for the summer peak shipping season, according to industry analyst Alphaliner. [/intro]

Over the last month, fleet reactivation had slashed by almost a third the capacity earlier idled by shipping operators, Alphaliner said. In the four days to May 7 alone, 22,766 twenty-foot equivalent units (TEUs) of idle containers were added to the active capacity, data supplied by Alphaliner showed. The decline in the idle fleet over the last month has added vessel capacity equivalent to 293,000 TEUs to global trade lanes, which could slow or erode freight rate increases imposed in recent months to and from China.

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