Container shortage starts to bite, adding to pressure on costs
The predicted container shortages are beginning to bite amid the chaos thrown up in the ...
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By Mike Wackett
Idled containership capacity has shrunk by 28% in the past two weeks to 696,000 teu, according to Alphaliner.
And the maritime consultant said it expected the laid-up cellular fleet to dip below 500,000 teu by June.
Alphaliner attributed the dramatic “sharpest-ever decline” to a “scramble” by carriers to roll out their new alliance networks on 1 April.
However, the impact of vessel scrapping has also been significant.
The latest weekly data from London shipbroker Braemar ACM records the scrapping total this year at 85 vessels, or 268,000 teu, ...
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