World Maritime News (119)
February 18, 2026
HMM joins Maersk in flagging boxship glut risk HMM warned of a rising risk of container ship oversupply after its 2025 earnings dropped sharply. Revenue and profits fell significantly due to weakening freight rates, echoing concerns raised by Maersk and Hapag-Lloyd. The global container ship orderbook has reached a 15‑year high, accounting for about 36% of the fleet, raising fears that supply will outstrip demand. Although deliveries will slow in 2026, a new wave is expected to begin in 2027. F


