Join The Club
![Overcapacity in Liner Industry Expected to Accelerate [REPORT]](https://gcaptain.com/wp-content/uploads/2012/01/Screen-shot-2012-01-10-at-9.35.45-AM.png)
Overcapacity in Liner Industry Expected to Accelerate [REPORT]
Container shipping industry analyst Alphaliner said today that overcapacity in the liner industry will continue into 2012 as supply growth continues to accelerate.
In their weekly report, Alphaliner projected that the net growth of the world cellular containership fleet is expected to grow by 8.3% in 2012, compared to the 7.9% growth seen in 2011. Alphaliner adds that some 253 cellular containerships with the combined capacity of 1.47 million TEU’s are planned for delivery this year.
Alphaliner says that the 8.2% fleet growth that is expected for 2012 will present a serious challenge for the industry and orderbook bias toward larger ships will worsen the oversupply afflicting the main East-West trades. The report notes that of the expected deliveries in 2012, 49% are concentrated in ships of above 10,000 teu.
Unlock Exclusive Insights Today!
Join the gCaptain Club for curated content, insider opinions, and vibrant community discussions.
Be the First
to Know
Join the 110,123 members that receive our newsletter.
Have a news tip? Let us know.
Related Articles
WinGD To Debut Short-Stroke Engine Design After Successful Shop Test
Swiss marine power company WinGD will record the first installation of its new X-S short-stroke engine design following successful factory acceptance tests with engine builder Dalian Marine Diesel in March....
China Steps Up Grey-Zone Warfare to Exhaust Taiwan, Report Says
By Yimou Lee TAIPEI, March 7 (Reuters) – China has stepped up grey-zone warfare against Taiwan, aiming to make the areas around the democratic island “saturated” with balloons, drones and civilian boats,...
Why Join the gCaptain Club?
Access exclusive insights, engage in vibrant discussions, and gain perspectives from our CEO.
Sign Up
