The laid-up container ship fleet fell to its lowest level since August 2008 and is still shrinking as ocean carriers activate idle tonnage, Alphaliner reported.

There were only 63 ships with a combined capacity of 80,000 20-foot equivalent units without work at the beginning of June, and an additional 20,000 TEUs likely will resume trading in the coming weeks, according to the container market analyst.

From the Journal of Commerce