Idle Fleet Below ‘1m TEU’ for the First Time in 2020 As Carriers Charter

According to a Loadstar article written by Mike Wackett, some 90 containerships, equating to over 600,000 teu of capacity, have found employment in the past month as carriers continue to reinstate blanked sailings and add extra loaders on routes.

  • According to the latest survey by Alphaliner the idle containership fleet stood at 223 vessels, for 969,000 teu, at 17 August, representing 4.1% of the global cellular fleet.
  • Moreover, not all of these ships are actually open for employment, with 11...

https://mfame.guru/idle-fleet-below-1m-teu-for-the-first-time-in-2020/

Rising Charter Demand Causing Boxship Market Boom

According to a LoadStar article written by Mike Wackett, over 120 idled containerships have been reactivated since 22 June, according to Alphaliner, as green shoots of a peak season slowly emerge.

Inactive Fleet Level Decreases

As at 6 July, the consultant recorded an inactive fleet of 375 vessels with a capacity of 1.85m teu, significantly down from the 453 ships for 2.32m teu reported to be in hot and cold lay-up just two weeks earlier.

“The inactive fleet capacity level has dropped to below the...

https://mfame.guru/rising-charter-demand-causing-boxship-market-boom/