The total capacity of container ships on order hit 8.4mn 20-foot containers in November, according to Braemar, reaching the highest level since the shipbroker began collecting data in 2000.
TEU (or teu) is the designation for the dimensions of containers. The abbreviation stands for Twenty Foot Equivalent Unit. 1 TEU is a container of 20 feet long, 8'0" wide and usually 8'6" high. In ...
SHANGHAI -- Shanghai Port became the first in the world to see the annual container throughput exceed 50 million 20-foot equivalent units (TEUs) on Sunday. The port has ranked first globally for ...