Photo: Shutterstock
New data from Alphaliner shows the inactive containership fleet has once again surpassed 1 million TEU.
The global fleet of inactive containerships has experienced significant growth in recent weeks, with a rise in both the number of commercially idled vessels and ships entering repair yards, according to the lastest survey by Alphaliner.
The survey reveals that the capacity marked as inactive reached 315 ships, totaling 1.18 million TEU as of October 9. This marks the first time the inactive fleet has surpassed the 1 million TEU mark since late May.
The majority of ships in the inactive fleet, 186 units or approximately 60%, are marked as being in repair yards, where as 129 units are considered idled.
Compared to the previous survey conducted on September 25, there has been a net addition of 44 ships representing 233,504 TEU, boosted by the idling of several large ships.
As a result, the proportion of inactive capacity rose to 4.3% of the total containership fleet as of October 9, up from 3.4% two weeks earlier, according to Alphaliner’s survey.
The rise in the inactive container fleet has coincided with a period of very low cargo demand in the first quarter. The inactive fleet reached its peak in February at 1.68 million TEU, representing 6.4% of the cellular container fleet at that time.
Join the gCaptain Club for curated content, insider opinions, and vibrant community discussions.
Join the 109,770 members that receive our newsletter.
Have a news tip? Let us know.
A powerful hurricane-force low pressure system in the North Pacific Ocean is generating extraordinary sea conditions, with significant wave heights reaching 65.77 feet (20 meters), according to the National Weather...
U.S. container ports recorded their fourteenth consecutive month of growth in November, with inbound volumes surging 13.1% year-over-year across the nation’s ten largest ports, according to the latest report from...
President Biden has taken a significant step toward ocean conservation by transmitting the High Seas Treaty to the Senate for ratification, marking a potential watershed moment for marine protection. The...
Maritime and offshore news trusted by our 109,770 members delivered daily straight to your inbox.
Essential news coupled with the finest maritime content sourced from across the globe.
Sign Up
Join The Club
