Alphaliner: Lowest container growth in 15 years

Analysts Alphaliner reports that capacity growth in the container market in 2014 will hit the lowest point level since 1999.

While prospects for the coming years are less positive, it does not look like this year's growth in container capacity will be able to push the bottom completely out of the market. In the latest survey from Alphaliner, the analysts have calculated a fleet growth of 5.5 percent in 2014. Unfortunately for the carriers, demand looks set to grow somewhat less, which will continue to keep charter rates under pressure.

Orderbooks in the container segment are stock full of deliveries for this year. Status in early January indicated that ships for a total capacity of 1.65 million twenty-foot containers (teu) would be delivered in 2014, corresponding to 9.6 percent of the existing fleet. The actual volume of capacity delivered will be much smaller, says Alphaliner.

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

Further reading

Related articles

Latest news

See all jobs