After several years with scores of orders for ultra-large container vessels of more than 18,000 teu, the time has now come for orders in other container segments. In an all-time low market with far too many ships and rock-bottom demand, it seems unlikely that carriers will order more mega-vessels in the coming years, but this does not apply to one of the smaller segments, namely the feeder vessels, notes SeaIntel in a new analysis.
A coming order boom will likely fall within this segment, as the current fleet and, not least, orderbook seem to support new orders ahead of 2026. A feeder vessel normally has a lifespan of 25 years and, looking ten years ahead, a significant portion of the smaller container vessels will have left the global fleet. Meanwhile, only a few vessels of more than 10,000 teu look set to disappear.
More from ShippingWatch
A VAT dispute in Latvia has now left ferry operator DFDS with millions of kroner in extra costs and a future of navigating a bureacratic minefield. However, the Danish carrier predicts challenges throughout the industry: ”It is only when it’s actually happening, that you realize it is a problem,” warns the company’s indirect tax manager.