ShippingWatch

Growth has failed in shipowners’ growth markets

Development in the growth markets in which the shipowners plan to deploy large container ships in order to make way for the many new ships on Asia-Europe has become problematic for the industry during 2012, SeaIntel writes in its latest analysis.

Photo: Maersk Line

Demand in the so-called growth markets, which container carriers hope will take over and compensate for the fall on the big routes on Asia-Europe and a weak economy in the US and Europe, has not developed as expected. The development is especially problematic for shipowners as these markets were in a position to take over a lot of the ships becoming obsolete and replaced as shipowners deploy new and bigger ships on Asia-Europe.

So an analysis in SeaIntel Sunday Spotlight shows.

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