STOCK CODE: 871946
NVOCC: MOC-NV06770

Ultra-large container ship order tide gradually stopped


Jul 26 2014

It is reported that although the container shipping industry may face the problem of excess capacity in the next two years, there are signs that market demand in 2016 may catch up with the expected level of capacity. At present, the tide of container ship orders has almost stopped, and the demand for freight in Europe has also begun to grow, which is the main component of the demand for ultra-large container ships. At present, the proportion of container ships holding orders in the existing fleet has dropped to below 20%, and this figure was close to 50% a few years ago.
According to Platou's data, in June this year, shipowners around the world ordered only three container ships, and the capacity was below 3000TEU. In the first half of 2014, there were 74 new container ship orders, 33 of which had a capacity of more than 10,000 TEU, accounting for more than two-thirds of the total capacity of 620,000 TEU. Order growth rate is much lower than the average level in recent years. In 2013, there were 247 container ship orders with a total capacity of 1.97 million TEU. In 2012, a total of 240 ships were ordered with a total capacity of 1.9 million TEU.
The change in the above order volume seems to be related to the ups and downs of the P3 alliance. The establishment of the P3 alliance has brought a large number of orders for ultra-large container ships, which have a capacity of 13000TEU to 18000TEU. At the beginning of this year, as the container shipping industry began to wait for the approval results of the P3 alliance, the order tide gradually stopped.
According to the statistics of the International Ship Network, in January this year, the order volume of container ships reached 25, and the order volume has continued to decrease since then. After China stopped the P3 alliance, the growth of container ship orders almost stagnate. In June, the number of hand-held orders reached 451, totaling 3.45 million TEU. Among them, 141 ships were delivered in the second half of this year, with a total of 890000 TEU; 207 ships were delivered in 2015 with a total of 1.76 million TEU; and 103 ships with a total of 800,000 TEU were delivered in 2016.direct shipping from china

Get In Touch


Recommend Read