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Drewry: This is where all the new ships end up

A record volume of capacity entered the container markets in 2015. But where have the ships been deployed, and which carriers have taken on the most? Get an overview here.

208 new container vessels entered the global container market over the course of 2015. This corresponds to approximately 1.7 million teu that flooded into the ailing market, and a record high capacity, writes Drewry. Not exactly good news for container carriers, who for the past year have been forced to navigate in markets with falling freight rates and, not least, historically low prices.

The new vessels had an average size of around 8,400 teu, while container ship sizes reached a new record-high with the delivery of 20,000 teu vessels. In particular, the word's three largest container carriers Maersk Line, MSC and CMA CGM accounted for a majority of the new capacity, writes Drewry, which has published an overview of the ships and where they have been deployed. Dubai-based carrier United Arab Shipping Company and Yang Ming are also among the carriers who have taken on the most capacity in the past year.

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