[QuantumGood]

It's a cyclical industry, so whether it "points" or peaks can be argued, but in 2021 561 container ships were ordered vs 114 in 2020

• Approximately 900 container ships are currently being built or on order worldwide

• These have a combined capacity of 6.8 million TEU (Twenty-foot Equivalent Units)

Major shipping lines:

• Evergreen: 20 ships of 15,000 TEU capacity (delivery 2024-2025)

• OOCL: 10 vessels of 16,000 TEU capacity

• MSC: Multiple orders including 24,100 TEU ultra-large ships and smaller vessels

• CMA-CGM: 6 vessels of 15,000 TEU capacity (delivery 2025)