London-based shipbroker Braemar believes that 2021 could see a spate of ordering for vessels of around 3,500TEU as nearly 30% of these vessels in the global fleet will be over 20-years old.
According to Jonathan Roach of Braemar ACM’s research division, by January of next year the number of vessels in the regional vessel size, around the old panama sized vessels, up to 4,000TEU, totals 3,100 ships, with up to 900 reaching an age where operating companies will need to consider replacing the ships.
https://container-news.com/stats-show-need-for-regional-fleet-renewal/