The global fleet of container ships is expected to continue growing in 2020, with capacity looking set to grow by 3.5 percent to around 24 million teu, projects analyst firm Alphaliner.
This growth will be driven in particular by deliveries of new ships for a total capacity of 1.14 million teu. Meanwhile, scrapping of older vessels is expected to rise to around 300,000 teu this year from close to 200,000 last year, writes Alphaliner in its weekly newsletter.
Already a subscriber? Log in.
Read the whole article
Get 14 days free access.
No credit card required.
Get full access for you and your coworkers.Start a free company trial today
Your trial for ShippingWatch has now started
With your free trial you get:
Full access to all locked articles on ShippingWatch.
Daily newsletter and ongoing top-newsletters. You can unsubscribe and subscribe to our newsletters anytime.
When your trial period expires
You will not be transferred to a paid subscription.
You will continue to receive our newsletters after the trial period expires. You can unsubscribe at the bottom of each newsletter.
More from ShippingWatch
A trader at KPI Oceanconnect, a subsidiary of Bunker Holding, has been charged with alleged corruption totaling at least USD 191,250 as rewards for nominating Straits for the supply of bunker fuel to KPI's customers. The employee has been suspended and his contract terminated, the company informs ShippingWatch.