A part of Watch Media

ShippingWatchMonday30 January 2023

  • Search
  • Log in
  • Carriers
  • Logistics
  • Regulation
  • Suppliers
  • Search
  • Log in
  • Latest
  • Search
  • Log in
  • Carriers
  • Logistics
  • Regulation
  • Suppliers
  • Offshore
  • Ports
19/05/2014at 15:11

Drewry: Scrapped ships have no real effect

Even though the number of scrapped container ships in 2014 has increased drastically, the combined effect on the overcapacity in the container fleet remains extremely modest.
Photo: Maersk Line
BY OLE ANDERSEN

Even though the number of scrapped container ships has increased drastically in 2014, and is expected to keep rising throughout the rest of the year, the development will have a very limited impact on the current overcapacity of ships in relation to demand where the effect would otherwise be biggest, namely on the East-West trades.

Already a subscriber?Log in here

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.

With your free trial you get:

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
!
!
Must contain at least 6 characters

Get full access for you and your coworkers

Start a free company trial today

Related articles:

  • Photo: IMO

    Bangladesh will work toward more safe scrapping

    For subscribers

  • Photo: IMO

    NGO: EU carriers change flags before scrapping in Asia

    For subscribers

  • Photo: IMO

    Bangladesh shuts down illegal scrapping for the first time

    For subscribers

Sign up for our newsletter

Stay ahead of development by receiving our newsletter on the latest sector knowledge.

!
Newsletter terms

Front page now

Foto: borja suarez
Container

Police find 4.5 tonnes of cocaine aboard freighter at Canary Islands

Cocaine for an estimated value of EUR 105m have been seized from a vessel that was heading for the Middle East.
  • Large cocaine volumes found aboard MSC vessel following false bomb threat
  • Media: MSC is infiltrated by drug cartel – carrier denies allegations
Photo: Höegh Autoliners
Carriers

Car carriers have rarely seen such profits: "We are probably at an all-time high"

For subscribers

Photo: Markus Scholz/AP/Ritzau Scanpix
Container

Maersk rebrands Hamburg Süd and several other well-known subsidiaries

For subscribers

Foto: Ints Kalnins/Reuters/Ritzau Scanpix/REUTERS / X02120
Tanker

Fredriksen now owns nearly as many Euronav shares as the Saverys family

For subscribers

”Blue Water wants to grow – but it will be with a focus on profitable growth, and we will hold on to our strong values, unique customer focus and high level of satisfaction among both customers and personnel,” states Kurt Skov, founder and departing chair at Blue Water Shipping. | Foto: Carsten Andreasen/Ritzau Scanpix
Logistics

Blue Water founder promises future "focus on profitable growth"

For subscribers

Photo: Tatiana Meel/Reuters/Ritzau Scanpix
Regulation

EU considers capping Russian fuel prices at USD 100 a barrel

For subscribers

Further reading

”To understand the reasoning behind our decision, it’s important to understand how our current strategy is very different compared to 2015. We now have an integrator strategy,” says Johan Sigsgaard, Chief Product Officer - Ocean at Maersk. | Foto: Maersk
Container

Johan Sigsgaard: Maersk has no ambitions of entering new major alliance

Maersk needs more independence than what participation in the 2M alliance allows for, and the carrier therefore has no intentions of forming a new major box alliance, says Ocean CPO Johan Sigsgaard.

For subscribers

Photo: Höegh Autoliners
Carriers

Car carriers have rarely seen such profits: "We are probably at an all-time high"

After a difficult time during the pandemic, 2022 has exceeded all expectations for car carriers, says chief exec of Höegh Autoliners. Low capacity and electric cars out of China are main factors in elevating prices.

For subscribers

Photo: Markus Scholz/AP/Ritzau Scanpix
Container

Maersk rebrands Hamburg Süd and several other well-known subsidiaries

Hamburg Süd will lose its company name and gradually be integrated into the Maersk brand. A number of other subsidiaries face rebranding as well.

For subscribers

Latest news

  • Police find 4.5 tonnes of cocaine aboard freighter at Canary Islands – 07:55
  • Blue Water founder promises future "focus on profitable growth" – 27 Jan
  • Borr Drilling raises USD 400m to pay off debt – 27 Jan
  • Income for ice class tankers has surged by 1,644 percent following sanctions – 27 Jan
  • Floating power station to provide energy for one million Ukrainians – 27 Jan
  • Maersk rebrands Hamburg Süd and several other well-known subsidiaries – 27 Jan
  • Car carriers have rarely seen such profits: "We are probably at an all-time high" – 27 Jan
  • Fredriksen now owns nearly as many Euronav shares as the Saverys family – 27 Jan
  • EU considers capping Russian fuel prices at USD 100 a barrel – 27 Jan
  • New partnership to investigate potential human rights abuse at sea – 27 Jan
See all

Jobs

  • Foundation Package Manager - Offshore wind industry

  • Chartering Manager for Lauritzen Bulkers A/S

  • Financial Controller for International Shipping Company

  • Junior Finance Business Partner - offshore wind industry

  • Copenhagen Shipping Company is hiring a skilled cargo broker

  • Senior Lead, Human Sustainability at Sea

Jobs

  • Foundation Package Manager - Offshore wind industry

  • Chartering Manager for Lauritzen Bulkers A/S

  • Financial Controller for International Shipping Company

  • Junior Finance Business Partner - offshore wind industry

  • Copenhagen Shipping Company is hiring a skilled cargo broker

  • Senior Lead, Human Sustainability at Sea

See all jobs

Colophon

ShippingWatch
Search

Sections

  • Carriers
  • Logistics
  • Regulation
  • Suppliers
  • Offshore
  • Ports
  • Sitemap
  • RSS feeds

Editor

Tomas Kristiansen

tk@shippingwatch.dk

Tel.: +45 3330 8360

Editor-in-chief

Anders Heering

Publisher

JP/Politiken Media Group Ltd

Advertising

annoncering@infowatch.dk

Tel.: +45 7077 7445

Advertising

Job Advertising

job@infowatch.dk

Tel.: +45 7077 7445

Jobs

Subscription

Try ShippingWatch or get an offer for a subscription meeting the exact needs of you or your company.

shippingwatch@infowatch.dk

Tel.: +45 7077 7445

Learn more about subscriptions here

Address

ShippingWatch

Rådhuspladsen 37

1785 Copenhagen K, Denmark

Tel.: +45 3330 8360

Guidelines

  • Privacy Policy

Copyright © ShippingWatch — All rights reserved

Microsoft is in the process of discontinuing Internet Explorer – and so are we.
For a better experience, we recommend using one of the following browsers.

Kind regards,
ShippingWatch

Google ChromeMozilla FirefoxMicrosoft Edge