The container ship fleet's capacity has surged by 1.6 million TEU since the beginning of the year and has seen an 11% year-over-year increase to 29.5 million TEU, marking the fastest growth in 15 years, according to Niels Rasmussen, Chief Shipping Analyst at
Mike Schuler is the Senior Editor and Partner of gCaptain, a leading maritime news website. With a background in journalism and a passion for the maritime industry, Mike covers a wide range of topics including shipping, offshore drilling, and naval operations. His articles provide insights into the latest developments and stories impacting the maritime world.