Drewry: 2015 another year with too many mega-vessels

The many new orders for giant ships mean that it will take even longer to achieve a solid balance between supply and demand in the container market, says Drewry. Around 40 ultra large container vessels have been ordered since January.

Container carriers look set to continue their aggressive ordering of mega-vessels in 2015, which will result in another year of excessive growth compared to demand in the market, reports British analyst agency Drewry in its latest Container Forecaster newsletter.

The numerous orders for newbuildings of up to 18,000 teu will make it increasingly difficult to achieve a healthy balance between supply and demand, and this could even prove unachievable at individual route levels, according to the analysts.

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