Industry Marketing News

Container fleet overcapacity will decrease in 2013

      The current overcapacity in the container shipping market is forecast to remain until 2013, based on the latest Alphaliner fleet projections. “The idle containership fleet, which presently stands at 1.44 MTEU, is expected to remain at current levels for two more years before it will start to decline in 2012, based on a moderate growth in containerized trade of 5 per cent during 2010, increasing to 7.5 per cent in 2011 and ten per cent thereafter”, writes AXS-Alphaliner in its latest report and continues:
   ”However, demand for ships could grow faster than expected due to two factors: the accelerated application of extra slow steaming and a stronger recovery on the Far East-Europe trade.”
   Deliveries of new container carriers are expected to reach 1.54 MTEU this year, 43 per cent higher than the total deliveries in 2009. The fleet growth in 2010 is expected to be 9.9 per cent, taking into account a scrapping level of 250,000 TEUs.