Wednesday, September 9, 2009

Containerships on order

American Shipper has a lengthy article reviewing the Top 20 list published by Alphaliner.
Here is the link

The part that caught my eye, was the amount of new tonnage which is on order.

According to maritime news service Alphaliner, Maersk has 371,000 TEUs of capacity on order, MSC has a whopping 623,000 TEUs, and CMA CGM another 505,000 TEUs. All told, that’s more than 1.5 million TEUs of capacity. For comparison, that’s nearly as much capacity as the next three biggest lines — Evergreen, APL, and Hapag-Lloyd — have in their current fleets.

All carriers are trying to delay these orders, but I don't know how much that is going to cost them. The shipyards certainly aren't happy about it.

Not a good time to be owning container ships.

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