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Drewry: Container volume up by 8.5 percent in 2011

The global number of containers increased by 8.5 percent in 2011 and reached 31.25 million teu, Drewry Maritime Research reports. The growth is higher than analysts expected.

Photo: APM Terminals

The global container fleet grew in size by 8.5 percent in 2011 and reached 31.25 million teu compared to a growth in 2010 of 7 percent. The growth is higher than expected as the industry witnessed a fall in the demand on newbuildings in the second quarter of 2011 and hereafter, Drewry Maritime Research reports.

Indeed, figures from the new report by Drewry Maritime Research, “Container Census 2012”, indicate that as much as 70 of the net addition took place in the first six months of 2011.

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