A flurry of orders at shipyards has raised the spectre of container shipping "shooting itself in the foot" by acquiring excess tonnage.
Newbuilding contracting of containerships rose by 90% in 2020 compared with the previous year, according to Braemar ACM Shipbroking.
The fourth-quarter orderbook of 67 vessels of 930,000 teu is the highest three-monthly tally since the third quarter of 2015.
