Liner companies have less appetite for mega-ships

Fewer orders for ultra-large container ships make Drewry project "a much brighter" development between supply and demand in the container market. But there are still too many ships, and a trade conflict put a damper on growth.

Photo: PR-foto/Hamburg Hafen Marketing Association

Shipowners have not ordered mega-ships to the same extent as was perhaps feared by many, and this makes Drewry more positive about the prospects for the liner shipping sector in the years to come.

"We believe that the industry's supply-demand balance will benefit from a reduced appetite for Ultra Large Container Vessels (ULCVs) among the major carriers," writes the maritime and supply chain consultancy firm in its latest report on the container shipping sector.

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