© Khunaspix Dreamstime.

While the growth in containership capacity continues seemingly unabated, there could actually be fewer ships afloat this year on an annualised basis for the first time in 20 years, according to the latest research from Drewry

In its Container Insight Weekly the consultant explains that the trend for bigger and bigger vessels means that the number of ships of 5,000teu and below is falling at a pace, as more in these sectors make their final voyages to the boxship graveyard beaches of the Indian sub continent and China.

Indeed, in the past 12 months Drewry reports that 192 containerships with an average nominal intake of 2,600teu were scrapped.