World's idle container fleet grows 10-fold to 750,900 TEU over 6 months Wednesday, 08.Feb.2012, 00:40 (GMT+3) THE global idle containership fleet increased to 286 ships with a total
capacity of 750,900 TEU as of the end of January 2012, up 10-fold since
June when it hit a low of 75,000 TEU, according to Paris-based
Alphaliner.
THE global idle containership fleet increased to 286 ships with a total
capacity of 750,900 TEU as of the end of January 2012, up 10-fold since
June when it hit a low of 75,000 TEU, according to Paris-based
Alphaliner.
This was attributed to excessive growth container shipping capacity
combined with "sluggish' demand on all key trade lanes. By contrast the
total active world fleet increased six per cent to 14.8 million TEU over
the same period last year.
The data highlights that the Far East-Europe and Far East-North America
trades, accounting for 40 per cent of total world fleet deployment,
experienced the smallest capacity growth compared to all other routes
last year.
It said total capacity deployed on the Far East-North America trade
declined four per cent on the back of slowing North American imports in
2011, while the total Far East-Europe capacity grew by four per cent
last year.
"Weak operating margins forced the withdrawal of a number of
smaller-capacity loops on both of these two routes last year," said the
report.
As for the total capacity deployed the on transatlantic, Far East-Middle
East, Latin America and Oceania trade lanes rose more than 10 per cent
during the period under review. It said that "weaker" demand is expected
this year. However, it anticipates the addition of further capacity
into these secondary trade lanes will be "limited".
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