SHIP deliveries this year are forecast to add 1.34 million TEU capacity to the global containership fleet, and 40 per cent of the newbuildings are 12,000 TEU or larger.
Conversely, funds committed to containership orders so far this year are down by one fifth compared to last year. In 2013, US$17.3 billion was spent on vessel orders.
Clarkson Research Services estimates that US$4.6 billion was invested in new box ships in the first four months of 2014, with vessels in excess of 8,000 TEU accounting for $4 billion. The total was 20 per cent lower year on year.
The researchers said 15 containerships for a combined 123,280 TEU were ordered in April, bringing the year-to-date total to 61 ships, equivalent to 503,700 TEU.
This includes contracts for 20 ships of 12,000 TEU upwards, totalling 285,800 TEU, and a further 18 ships of 8,000 TEU-11,999 TEU with combined intake of 174,300 TEU.
Total deliveries next year are expected to hit a record 1.54 million TEU, ahead of the previous peak of 1.5 million TEU set in 2008.
MARKETS
06 June 2014 - 21:03
1.34 million TEU extra capacity this year, 40pc over 12,000 TEU
SHIP deliveries this year are forecast to add 1.34 million TEU capacity to the global containership fleet, and 40 per cent of the newbuildings are 12,000 TEU or larger.
MARKETS
06 June 2014 - 21:03
1.34 million TEU extra capacity this year, 40pc over 12,000 TEU
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