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Idle containership fleet up five-fold in 2015: Alphaliner

The idle containership fleet rose five-fold in 2015 in the face of a difficult market according to analyst Alphaliner.

Marcus Hand, Editor

January 6, 2016

1 Min Read
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On 28 December last year the idle boxship fleet stood at 331 vessels with a total capacity of 1.36m teu five times that of the start of 2015 as the demand – supply balance “worsened drastically”.

In the last two weeks of 2015 all sizes below 7,500 teu saw an increase in the number of idle vessels, the vast majority belonging non-operating owners. In the larger sizes above 7,500 teu a number of 13,000 – 14,000 teu vessels idled over the Chinese Golden Week were phased back into service.

“Carriers will nevertheless continue to implement blanked sailings for the post-Lunar New Year period in February, which will lead to similar numbers of large ships becoming idle in the next two months. A significant reduction of the idle fleet is thus not expected until April,” Alphaliner commented in its weekly report.

About the Author

Marcus Hand

Editor

Marcus Hand is the editor of Seatrade Maritime News and a dedicated maritime journalist with over two decades of experience covering the shipping industry in Asia.

Marcus is also an experienced industry commentator and has chaired many conferences and round tables. Before joining Seatrade at the beginning of 2010, Marcus worked for the shipping industry journal Lloyd's List for a decade and before that the Singapore Business Times covering shipping and aviation.

In November 2022, Marcus was announced as a member of the Board of Advisors to the Singapore Journal of Maritime Talent and Technology (SJMTT) to help bring together thought leadership around the key areas of talent and technology.

Marcus is the founder of the Seatrade Maritime Podcast that delivers commentary, opinions and conversations on shipping's most important topics.

Conferences & Webinars

Marcus Hand regularly moderates at international maritime events. Below you’ll find a list of selected past conferences and webinars.

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