ShippingWatch

Alphaliner: 1.8 million new teu on the market until 2014

Even though the container shipping companies have managed to somewhat mitigate the growth of tonnage by using slow steaming, scrapping, and by taking ships out, there will be massive amounts of new tonnage coming into the market this year and the next, according to Alphaliner.

Photo: Hanjin

Maersk Line’s CEO Søren Skou told ShippingWatch recently that 2013 could be a tough year due to the prospects of “massive amounts" of new tonnage coming into the market while economic  developments remain slow.

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