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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.

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