Head of Research, Affinity Shipping LLP
9 Aug 2018 9:39 (GMT+1)

Containerships: More to be left idle, as rationalisation is here to stay

The idle containership fleet capacity has further increased during the last couple of weeks and now stands marginally above 340 k Teu. This means that around 1.6 per cent of the global Teu capacity is not utilised. The growth looks rapid if we consider that that just 0.9% was left idle in early June. Mainly driven by capacity rationalisation in the Far East - Middle East and Far East - North America routes, the active fleet is expected to remain under pressure in the next couple of months, as...
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