ShippingWatch

Alphaliner: Soaring activity for medium-size container ships

Things are looking better than it has in a long time for the medium-size container vessels as the charter rates are headed for a more sustainable level. There is an "extraordinary level of activity" right now, writes Alphaliner in the firm's latest analysis.

Photo: PR-foto

There is an unusual amount of activity right now in the container market for the medium-sized container ships in the segment below the ultra-large vessels, the so-called VLCS (very large container ships) in the 7,500 to 11,000 teu range, notes Alphaliner in a new analysis.

The analyst firm points to "an extraordinary level of activity."

Some carriers have been more active, and Hong Kong-based OOCL in particular has been busy in the VLCS segment.

"The surge in demand for tonnage has resulted in the supply of spot VLCS almost drying up, with only two spot ships left available according to Alphaliner, versus 8 ships in our last count two weeks ago, and 17 ships one month ago," writes Alphaliner:

"Unsurprisingly, charter rates have started to benefit and showed some significant increases in the last reported fixtures."

English Edit: Daniel Logan Berg-Munch

Alphaliner: Maersk Line and MSC in massive capacity buildup

Rotterdam will maintain its position as Europe's key port

SeaIntel expects big rate increases for shippers

Frontpage right now

Søren Skou: Transformation of Maersk is complex

Maersk Group CEO Søren Skou does not hide the fact that Maersk's transition is a lot to handle and a complex task. And while he is not satisfied with the financials yet, he promises investors that good results are coming.

Golden Ocean hopes green regulations can offset bulk fleet growth

The dry bulk market has improved, and this has prompted the order book for new ships expand and potentially strain competition in the years to come. Golden Ocean hopes that the environmental regulations hitting the sector in the years to come will result in more ships being scrapped, says the carrier in its annual report 2017.

One alliance accounts for majority of bulging order book

The members of one container alliance in particular have been busy ordering new vessels in the past six months. Looking at ships of more than 16,000 teu, this alliance accounts for 58.6 percent of the orders, writes SeaIntel in a new analysis.

Related articles

Latest news

Jobs

See all

See all