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Drewry: The market for ULCVs in deep split

The ordering window for ultra-large container ships in the 18,000 to 20,000 teu range is about to close, says Drewry. Read on to learn which carriers the analyst agency believes still have time to join the wave, and who will end up as losers in the ultra-large vessel game.

CMA CGM Ultra Large Container Vessel

The container market is currently characterized by ultra-large container ships and orders for mega-vessels in the 18,000-20,000 teu range. In the years to come, carriers will need to either have ultra-large vessels or be part of an alliance or participate in a Vessel Sharing Agreement (VSA) with a partner that has ultra-large container vessels (ULCVs), says Drewry in a new analysis.

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