With 1.15m teu of newbuild capacity, including 46 ULCVs, expected to be delivered, 2019 is set to be another “interesting year” in container shipping, according to Alphaliner.
Due to the “top-heavy” orderbook, the consultant is predicting a tighter outlook for tonnage in the 10,000 teu and under sector and a more modest global fleet expansion of around 3.5% than the 5.7% growth of last year.
At the end of the year, the world’s …
The 2M alliance is to phase in six more ultra large container vessels (ULCVs) into its 10 Asia-Europe service strings from next March in an endeavour to improve schedule reliability, which it said had been blighted by bad weather and terminal congestion.
However, the weekly capacity offering will be unchanged due to the implementation of further super slow steaming on the tradelane.
2M partner MSC was especially critical of the part that …
Sluggish growth, combined with the delivery of more ultra-large container vessels (ULCVs) in the past month, has widened the gap between supply and demand.
According to Alphaliner data, 1.21m teu of new container tonnage hit the water in the first 10 months of this year, of which 83% was for ships of 10,000 teu and above.
Moreover, the consultant expects a further 140,000 teu of new containerships to arrive during November and December.
With …
The post Slowing growth and more new ULCVs widen...
https://theloadstar.co.uk/slowing-growth-new-ulcvs-widen-container-supply-demand-gap/