News / Containership widening brings new era for shipowners and new hope for panamaxes

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The second panamax containership to undergo innovative “widening” conversion is set to return to the water next month, with predictions that scores of other such vessels could follow.

At last week’s Container Trade Europe conference in Hamburg, organised by the JOC, Lutz Weber, chief financial officer of German non-operating shipowner Reederei NSB, said he believed demand for the work could be in the region of 25-30 vessels, “depending on the company”.

“The widening concept lifts the economic value of the vessel because ...