Subscribe to RSS feedContainership lay-ups are tipped to triple in 2010
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Obsidian
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last modified
Mar 05, 2009 12:00 AM
One quarter of the world's containership fleet will be in lay-up by 2011 and freight rates will not pick up significantly until 2014, Claus-Peter Offen, one of Germany's largest shipowners, has forecast.
About 1m teu is already idle. This number will double in 2009 and triple in 2010, the shipowner told a ship finance forum in Hamburg.
Mr Offen plans to lay up 10 containerships, each with a capacity of 1,200...
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