Is the threat of mega-vessels wildly exaggerated?

The number of newbuilds in the container sector and their impact on a burgeoning recovery in the years to come is not as worrisome as previously expected, says Drewry.

Hyundai Merchant Marine
Photo: Hyundai Merchant Marine

Fears that the supply of container ships will shatter the burgeoning recovery in the market could be highly exaggerated.

According to Drewry's new quarterly analysis Container Forecaster, the reality is that the growth in supply in 2018 is far less worrisome than previously expected, and even though the orderbook is expected to increase, it will remain at a level that gradually improves the balance between supply and demand over the next five years.

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