- Blank sailings by major global liners in response to the lower demand due to the Covid-19 pandemic
- Capacity removed from the market for scrubber retrofits.
According to Alphaliner, the inactive container shipping fleet hit 11.6% of total fleet in terms of capacity as at end of May. This is an all-time high in the industry.
As of 25th May 2020, 2.72 million twenty foot equivalent units (TEUs) of idle containership fleet has been recorded. 2 major reasons for this idling capacity are: