Total containership capacity deployed on Asia to Europe routes have surged to a record high of 6.44m teu, up 23.3% compared to the same time last year. The surge is due entirely to diversion from the Suez to the Cape route since December 2023, with over 700,000 teu of additional capacity added to the trade in the last 2 months alone. 55% of the additional capacity has been absorbed in the FE-Med trades where transit times have increased by 10 days to the West Med and 18 days to the East Med whil