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LOGISTIC NEWS * WORLDWIDE - Container Fleet Growth Hits 10-Year Low
Lay-ups rise, reaching one in eight vessels, may go higher
Paris,France -The Journal of Commerce Online, by Bruce Barnard -Dec 8, 2009: -- The world container ship fleet grew at the slowest rate in 10 years in 2009 as nearly one out of eight vessels is laid-up... The cellular containership fleet is expected to grow by only 6.1 percent in 2009, according to Alphaliner -- the slowest growth rate recorded by the Paris-based research group since 2000... At the same time, 11.7 percent of the world fleet is idled, a level that’s set to grow in the coming months as capacity growth outstrips cargo demand... Fleet growth peaked at 16.1 percent in 2006 before easing to 13.9 percent in 2007 and 13.2 percent in 2008... Deliveries in the first eleven months of 2009 totaled 247 ships with a combined capacity of 986,663 20-foot equivalent units, according to Alphaliner... (Photo from providence.edu)
Labels: transport and logistics news
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