Alphaliner: Low oil price could worsen overcapacity
![](https://photos.watchmedier.dk/watchmedier/resize:fill:3840:0:0/plain/https://photos.watchmedier.dk/Images/article7073317.ece/ALTERNATES/schema-16_9/Zim_1.jpg)
The container carriers have achieved significant cost reductions in recent years by lowering ships' speed in order to save money on their towering fuel expenses. Meanwhile, the use of slow steaming has - according to analyst agency Alphaliner - secured work for around 7.1 percent of the global container fleet, which has thus also helped lower the massive overcapacity of ships.
Read the whole article
Get access for 7 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:
Get full access for you and your coworkers
Start a free company trial todayRelated articles
Will lower oil prices make carriers ditch slow-steaming?
For subscribers
SeaIntel: Strong European import good news for carriers
For subscribers