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Are new eco designs dividing shipowners?

Shipowners do not wish to face the fact that new and more fuel efficient ships might create a “new” and “old” merchant which could cause great problems for many shipping companies, writes the analysis firm Platou Markets.

Photo: Maersk Line

The dismissal of new fuel saving ships, the so-called eco-designs, by many shipowners is not convincing, states the analysis firm Platou Markets. At the annual Posidonia Forum in Athens this week, a panel of shipowners discussed the new eco-designs as a possible replacement for a part of the existing fleet, and according to Platou, a widespread consensus among shipowners seems to have been reached on the subject of second hand ships, which are apparently preferable to adding to problems to a market already characterized by overcapacity.

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