default_image
© Khunaspix Dreamstime.

Analysts have raised concerns over another bout of overcapacity, following the latest orders for ULCVs, by CMA CGM and MSC.

These orders are on top of the expected delivery over the next two years of 21 ULCVs for Cosco and 11 for Evergreen.

MSC’s eleven 22,000 teu vessels will be built by South Korea’s Daewoo Shipbuilding & Marine Engineering for delivery 2019-2020, while CMA CGM signed a contract with China State Shipbuilding Corporation for nine 22,000 teu ULCVs, including three options.

After two years since the last orders for ...

Please Register

To continue reading, please login or register for full access to our free content
Loadstar subscriber
New Loadstar subscriber REGISTER

Comment on this article


You must be logged in to post a comment.
  • Dave

    September 21, 2017 at 2:11 pm

    No doubt other lines will follow
    No choice as long as economy of scale is the only propeller for this industry
    Next limit are Malaccamax (26,000 teus ?) or the growth can be stopped by any undesired bad event that would send those T-rex back to history