News / Younger boxships on course for the breakers' yards, as idle fleet grows

© Khunaspix Dreamstime.

At the end of 2013, the number of container ships over 500teu in size in hot or cold lay-up stood at 235 – equivalent to 779,23 teu of capacity and 4.5% of the global cellular fleet.

And, according to analyst Alphaliner, the size of this mothballed fleet is set to grow as carriers off-hire ships that are no longer economical to operate.

Alphaliner said that tonnage anchored around the world included 13 ships of 7,500teu and above; 27 ships of 5,100-7,500teu and ...