Smaller container ships make comeback on key services

It is cheap to charter container ships of around 5,000 teu, and that makes these vessels profitable again on Asia-Europe services, which are dominated by the biggest ships in the industry.

Photo: PR-foto/CMA CGM

Low prices for chartering smaller container ships have made it profitable to deploy them on key container routes between the Far East and Europe. These services are usually dominated by the biggest vessels in the sector.

Drewry writes that starting next month there will be three weekly services from Asia to North Europe with vessels of around 5,000 teu, which have previously been deemed to be completely off of these services due to massive deployment over recent years of ultra-large ships with much greater capacity.

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