Alphaliner: Idle container fleet hits one million teu

For the first time since 2010, the fleet of idle container ships of more than 500 teu has climbed to more than one million teu, according to an analysis by Alphaliner, which projects a further rise in the coming weeks.

Photo: Hanjin

The fleet of idle container ships of more than 500 teu is growing and in early November reached 278 units, corresponding to 1.044 million teu, reports Alphaliner in a new analysis. This is the highest level since 2010 and represents 5.3 percent of the global container fleet.

Ships in the 1,000 to 2,000 teu range noted a slight decrease, but beyond this the development hit all ship sizes. The biggest increase occurred among container ships 3,000 to 5,100 teu, where 58 ships are currently unemployed, compared to less than ten vessels in June this year, according to the analysis.

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