container ship speed
Photo 140936740 © Imran Ahmed | Dreamstime.com

A new survey by VesselsValue has found a “significant increase” in the average speed of containerships.

The maritime valuation and market intelligence service said average laden containership speeds had increased by 5.5% since last June to 14.76 knots, and by 8.5% in the larger sectors.

Report author Olivia Watkins said there was a direct correlation between increased speeds and charter hire rates, which, for 8,500 teu ships, had increased by 350% during the same period, as fuel had become a much lower percentage ...

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  • PETER VAN DUYN

    May 11, 2021 at 11:15 am

    Is this one of the reasons why we had the recent losses of containers overboard in the North Pacific. Vessels trying to meet their berth windows instead of slowing down when in heavy weather which is basic seamanship.