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Danish Ship Finance: Container crisis might go on until 2015

Too many ships and too little financial activity are the ingredients in a dangerous cocktail for container carriers. At worst, Maersk Line and its competitors will have to wait until 2015 before the situation brightens, Danish Ship Finance states in its latest shipping market review.

Photo: Hapag-Lloyd

The global container industry will be under pressure for the entire 2013 caused by too many ships fighting about too little cargo. That will be the picture all up to the end of next year if the latest half-yearly shipping market review by Danish Ship Finance is to be believed.

The container carriers’ intake of tonnage will not slow down until the end of next year resulting in the first slowdown for years, Danish Ship Finance points out. However, the worst case scenario does not predict a noticeable change in the market until 2015.

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