The global order book for newly-built container ships has soared to an all-time high, with more than 1,100 vessels—over 11.25 million TEU—currently on order, representing 34% of the existing fleet. Despite the massive backlog, shipowners are pressing ahead with new orders. TMS, owned by George Economou, placed an additional order for 8+2 LNG dual-fuel 11,400 TEU container ships at