ALPHALINER highlighted that the container shipping industry has surpassed the four million TEU mark, reaching 4.01 million TEU in terms of ultra-large container ships (ULCS), comprising 186 vessels of more than 18,000 TEU, reports the UK's Seatrade Maritime News.
Growth of this fleet is expected to slow between now and 2028 when the next milestone of five million TEU is anticipated.
However, the future composition of the fleet will be driven by environmental regulations.
This is significant because, as alphaliner analyst Jan Tiedemann points out since energy (green fuels) and CO2 are going to be a major price driver, carriers will strive for economies of scale in their networks.
Nevertheless, the first moves will be in what Mr Tiedemann calls the middle market sizes, where carriers will consolidate 5,000 TEU loops into 8,000 TEU ones and move and merge 8,000 TEU services to 14,000 TEU.
SeaNews Turkey
SHIPPING NEWS
05 August 2024 - 03:00
Update: 05 August 2024 - 09:57
Alphaliner says green shipping will increase megamax numbers
ALPHALINER highlighted that the container shipping industry has surpassed the four million TEU mark, reaching 4
SHIPPING NEWS
05 August 2024 - 03:00
Update: 05 August 2024 - 09:57
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