• Advertise
  • Contact Us
  • About Us
  • Supplier Directory
  • Login
  • Subscribe
  • Logout
  • My Profile

  • CORONAVIRUS
  • LOGISTICS
    • Air Cargo
    • All Logistics
    • Express/Small Shipments
    • Facility Location Planning
    • Freight Forwarding/Customs Brokerage
    • Global Gateways
    • Global Logistics
    • Last Mile Delivery
    • Logistics Outsourcing
    • LTL/Truckload Services
    • Ocean Transportation
    • Rail & Intermodal
    • Reverse Logistics
    • Service Parts Management
    • Transportation & Distribution
  • TECHNOLOGY
    • All Technology
    • Artificial Intelligence
    • Cloud & On-Demand Systems
    • Data Management (Big Data/IoT/Blockchain)
    • ERP & Enterprise Systems
    • Forecasting & Demand Planning
    • Global Trade Management
    • Inventory Planning/ Optimization
    • Product Lifecycle Management
    • Sales & Operations Planning
    • SC Finance & Revenue Management
    • SC Planning & Optimization
    • Sourcing/Procurement/SRM
    • Supply Chain Visibility
    • Transportation Management
  • GENERAL SCM
    • Business Strategy Alignment
    • Education & Professional Development
    • Global Supply Chain Management
    • Global Trade & Economics
    • HR & Labor Management
    • Quality & Metrics
    • Regulation & Compliance
    • SC Security & Risk Mgmt
    • Sustainability & Corporate Social Responsibility
  • WAREHOUSING
    • All Warehouse Services
    • Conveyors & Sortation
    • Lift Trucks & AGVs
    • Order Fulfillment
    • Packaging
    • RFID, Barcode, Mobility & Voice
    • Robotics
    • Warehouse Management Systems
  • INDUSTRIES
    • Aerospace & Defense
    • Apparel
    • Automotive
    • Chemicals & Energy
    • Consumer Packaged Goods
    • E-Commerce/Omni-Channel
    • Food & Beverage
    • Healthcare
    • High-Tech/Electronics
    • Industrial Manufacturing
    • Pharmaceutical/Biotech
    • Retail
  • REGIONS
    • Asia Pacific
    • Canada
    • China
    • Europe
    • Latin America
    • Middle East/Africa
    • North America
  • THINK TANK
  • PODCASTS
  • VIDEOS
  • WHITEPAPERS
Home » Number of Container Vessels Plying the Seas Continue Downward Slide

Number of Container Vessels Plying the Seas Continue Downward Slide

August 21, 2014
Drewry Maritime Research

During the 12 months to the end of March 2014, 192 ships averaging about 2,600 TEU were scrapped, according to Drewry’s Container Forecaster reports. Demolitions are running at about 55 ships per quarter.

About 230 new ships of all sizes are scheduled to be delivered in 2014 (i.e., about the same as 55 per quarter) and the number of new deliveries will fall to about 180 in 2015. So, the number of ships leaving the market is very close to the number entering the market.

But look more closely and you will see another trend. Of the 230 new ships of 2014, the majority of new vessels will be larger than 5,000 TEU. Whereas the sector where nearly all demolitions are happening is that of smaller ships of 5,000 TEU or less capacity.

In other words, not only are ships getting bigger (not unexpected), but also both the absolute number and the relative market share of smaller ships are falling.

And these developments have implications for ports, for shipyards and for ship charterers.

For ports, this means that volume is increasingly concentrated on fewer port calls or less frequent joint services – a development which is linked to the advent of new mega-alliances.

For shipyards, it means that the requirement for more and more vessels, particularly of small- and medium-sized ships, appears to be changing toward a requirement for the same number of bigger and bigger ships.

For vessel charterers, it is starting to look as if smaller vessels will be harder to find on the charter market. Drewry Maritime Advisors, the advisory arm of Drewry, has advised shipowners and investors on this issue.

The reduction in the fleet of smaller vessels will create investment opportunities for certain types and sizes of smaller vessels of less than 5,000 TEU.

Source: Drewry Maritime Research-Container Insight Weekly

RELATED CONTENT

RELATED VIDEOS

Logistics Global Logistics Ocean Transportation Transportation & Distribution Global Trade Management Transportation Management Pharmaceutical/Biotech
KEYWORDS container shipping Drewry Maritime Research Global Logistics Global Trade Management international trade Logistics logistics & supply chain Logistics Management: Ocean Transportation Ocean Cargo Ocean Transportation Pharmaceutical/Biotech Transportation & Distribution Transportation Management
  • Related Articles

    China's Economy, Exports Continue Their Downward Slide

    Number of Idle Vessels in World's Container Fleet Lowest Since October 2011

    Dependability Questioned as Container Vessels Continue Trend to Arrive Late

  • Related Directories

    Kuebix

Drewry Maritime Research

Container Key Performance Indicators Coming from Drewry and CargoSmart

More from this author

Wake up to Coronavirus Updates and the latest Supply Chain News!

Subscribe to our Daily Newsletter

Timely, incisive articles delivered directly to your inbox.

Popular Stories

  • Coronavirus-watch-Armada

    Virus Update: J&J Shot Cleared for U.S. Distribution; Microsoft Vows to Fix Vaccination Software

    Coronavirus
  • Mexico

    The Near-Shoring Trend: Will China’s Loss Be Mexico’s Gain?

    Logistics
  • Robotic automation

    Autonomous Supply Chains Are on the Horizon

    Coronavirus
  • Drugmakers

    Research Lays Groundwork for More U.S.-Made Drugs

    Coronavirus
  • Amazon

    Podcast | Making It As an Amazon Seller: It’s No Picnic

    Logistics

Digital Edition

Scb feb 2021 lg

2021 Supply Chain Management Resource Guide

VIEW THE LATEST ISSUE

Case Studies

  • Remote Implementation: A Dose of the Right Medicine for B2B Pharmacy

  • LSP Saves Customer $1.5 Million a Year With MPO Global Inbound Management

  • Auto Supplier Wows Key Client Using riskmethods Supply Chain Savvy

  • Integrating Shipping and Compliance Saves Conglomerate Millions

  • How a Consumer Goods Giant Upped Its On-Time Delivery Performance

Visit Our Sponsors

6 River Systems ArcBest Armada
aThingz BluJay Burris Logistics
DSC Logistics DCSA (Digital Container Shipping Association) DHL Resilience360
Genpact Geodis GEP
GreyOrange Honeywell Intelligrated Infor
Inmar Kibo Commerce Logility
Magnitude Software MPO Old Dominion
Oliver Wight OpenSky Paccurate
Ports America Purolator QAD Precision
Red Classic Riskmethods Snapfulfil
TGW Systems Transportation Insights Watson Land Company
Westfalia Technologies Workjam Yang Ming
  • More From SCB
    • Featured Content
    • Video Library
    • Think Tank Blog
    • SupplyChainBrain Podcast
    • Whitepapers
    • Webinars
  • Digital Offerings
    • Digital Issue
    • Subscribe
    • Manage Your Subscription
    • Newsletters
  • Resources
    • Events Calendar
    • SCB's Great Supply Chain Partners
    • Supplier Directory
    • Case Study Showcase
    • Supply Chain Innovation Awards
    • 100 Great Partners Form
  • SCB Corporate
    • Advertise on SCB.COM
    • About Us
    • Privacy Policy
    • Contact Us
    • Data Sharing Opt-Out

All content copyright ©2021 Keller International Publishing Corp All rights reserved. No reproduction, transmission or display is permitted without the written permissions of Keller International Publishing Corp

Design, CMS, Hosting & Web Development :: ePublishing