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Shipping Firms Face Tough 2026 as Reopening of Red Sea Looms

Summary by Transport Topics
Supply continues to expand at a record pace, with a projected 36% surge in new vessel capacity from 2023 to 2027. On the flip side, demand for container shipping is expected to contract 1.1% in 2026.

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Business Times broke the news in on Wednesday, February 4, 2026.
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