Inactive fleet tops 400,000 teu for first time since mid-May
THE IDLE containership fleet has exceeded the 400,000 teu mark for the first time since mid-May as market conditions continue to deteriorate.
The development is hitting non-operating owners hardest; this group accounts for 80% of unemployed capacity, against ocean carriers with 20%.
Inactive containership capacity this week stands at 290 ships aggregating to 420,000 teu, equivalent to 2.6% of the global containership fleet, according toLloyd’s List Intelligence’s latest idle container survey.
This represents an increase in idle capacity of 2% compared to last week, with the increase noted in both the short-term and long-term inactive categories.
The location of the idle fleet is also important, with most idle vessels anchored in Asia.
Some 41% of the world’s idle container fleet is laid up in China, South Korea and Russia and 27% in Vietnam, Thailand, Malaysia and Indonesia. This is because, when idling a ship, owners want to lay tonnage up near cargo-producing regions for future sailings.
Lloyd’s List Intelligence’s survey shows that the biggest vessel out of work is the 1998-built, 7,226 teu Svendborg Maersk, which has been idle outside Qiawan since August 12.
Comments
Post a Comment