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Lay-ups mount as 13,000-TEUers at anchor beset by Asia-Europe doldrums

LAID-UP containerships now exceed 90,000 TEU over two weeks, taking redundant tonnage to its highest level since March 2014, according to Paris-based Alphaliner.

Lay-ups mount as 13,000-TEUers at anchor beset by Asia-Europe doldrums
06 October 2015 - 18:38

Lay-ups mount as 13,000-TEUers at anchor beset by Asia-Europe doldrums

LAID-UP containerships now exceed 90,000 TEU over two weeks, taking redundant tonnage to its highest level since March 2014, according to Paris-based Alphaliner.

Singapore's The 13,892-TEU APL Temasek has been at anchor since August 10, a victim of blanked sailings and service curtailments by the G6 alliance in response to weak demand from Europe for Asian imports.

The list of 208 ships, or some 673,000 TEU, includes four containerships of 13,000 TEU or more - two operated by MSC and one each by APL and UASC.

And given the depressed state of the Asia-Europe trade the short-term prospects of its reactivation, along with the 13,102-TEU MSC Margrit, UASC's 13,100-TEU Tayma and the 13,000-TEU MSC Flavia, appear bleak, said London's Loadstar.

Container lines are now reassessing winter slack season programmes - the G6 Alliance today said it would combine its two Asia-US east coast services for the period, while its Asia-US west coast CC2 service will be suspended from week 44. 

Maersk Line said recently it was looking at removing a further two- four east-west strings in the final quarter of the year.

In many cases the 13,000-TEU type has become a second choice vessel for the four deep-sea alliances on the Asia-Europe trade as members receive more 18,000-TEU ships from shipyards. 

And with more ultra-large 18,000-TEU+ ships to be delivered this year, 2016 and 2017, it puts the 13,000-TEUers at risk of lay-up.

Drewry Maritime Advisors reported that the number of containerships sold for scrapping this year was running at less than half the rate of 2014, with only 47 vessels demolished in the first six months of 2015 compared with 107 at the same stage the previous year.

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