ShippingWatch

Alphaliner: Newbuildings boost capacity of container fleet

The major container carriers have increased their overall capacity during the last 12 months, led by Hamburg Süd, among others.

A stream of newbuildings to the major container carriers has increased the capacity among the 21 largest carriers by 5.6 percent over the past year, according to data from Alphaliner. The three carriers that have increased their capacity the most, percentage-wise, are Korean Hyundai, Hamburg Süd and Evergreen with 21.2 percent, 17,4 percent and 15.2 percent, respectively.

The 21 largest carriers, who control 86 percent of the global container capacity, have in the past 12 months taken delivery of newbuildings for a total of 1.37 million teu, and this has taken a big toll on owners in the charter market, where the demand for older tonnage is going down. The major carriers' chartered fleet decreased by 203,000 teu in the same period, from august 2014 to July 2014.

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

IKEA stops chartering container vessels

IKEA will no longer lease space on board container ships to have its products brought to shelves across the world, the global furniture group confirms. But the company is trying to avoid congested ports.

Further reading

Related articles

Latest news

See all jobs