Thursday, 7 May 2009

10.4% of global fleet is idle

After AXS-Alphaliner reported a decrease in idled container ship capacity during the first half of April, the first dip in six months, experts are predicting a surge of overcapacity by the end of the year.
According to AXS-Alphaliner, 485 vessels of 1.42 million TEU were idle at the end of March, representing 11.3% of the global fleet.
By April 13th, although the vessel count was 486, the idled capacity had dropped to 1.31 million TEU or 10.4% of the fleet.

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