Slow-steaming has reduced the problem of overcapacity

Container carriers' willingness to slow-steam since 2009 mean that the market is less overloaded than would otherwise have been the case, says Drewry in new analysis.
Photo: Maersk Line
Photo: Maersk Line

Slow-steaming played a major part in the overcapacity-drama that has played out in the container market since the financial crisis erupted, according to a new analysis by Drewry, which concludes that slow-steaming means that there is less overcapacity than there would otherwise have been.

Already a subscriber?Log in here

Read the whole article

Get access for 7 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

With your free trial you get:

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
Must be at least 8 characters, including three of: Uppercase, lowercase, numbers, symbols
Must contain at least 2 characters
Must contain at least 2 characters

Get full access for you and your coworkers

Start a free company trial today

Share article

Sign up for our newsletter

Stay ahead of development by receiving our newsletter on the latest sector knowledge.

Newsletter terms

Front page now

Further reading