Alphaliner: Idle fleet numbers hide widespread overcapacity

A low number of idled container ships in 2015 helps hide a massive and widespread overcapacity in the container market, notes Alphaliner, pointing to five market developments that have helped absorb excess capacity. The idle fleet will grow going forward.

Photo: PR-foto

The idled fleet of container vessels of more than 500 teu in the first nine months of the year averaged 310,000 teu, and the idle fleet this year thus reached the lowest level since 2011.

But the positive numbers help hide a massive oversupply of vessels in the container market, according to analyst agency Alphaliner, which stresses that five market developments in particular have absorbed a big part of the excessive capacity and have thus created a false impression of supply in the market.

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