SeaIntel: Explosive container growth in 2014
A total of 61 new ultra large ships of more than 10,000 teu will hit the water in 2014. The situation could lead to chaos.
BY OLE ANDERSEN
61 giant container ships of more than 10,000 teu all in all will be delivered from the shipyards in 2014, and unless the shipping companies cancel their services and sailings, the total capacity between Asia and Europe will grow by a whopping 13 percent in the 4th quarter 2014, concludes SeaIntel in a new analysis in its weekly newsletter, the Sunday Spotlight, in which the analysts also air expectations that this development will put the rates under renewed, massive pressure.
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